Crain's Cleveland Business

Page 51

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12/18/2013

10:01 AM

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DECEMBER 23, 2013 - JANUARY 5, 2014

INSIDETHELIST

B

ig law firms, Fortune magazine said in a story in June, “have a shrinkage problem,” one that’s “stoked by the turbulent economy, technology’s encroachment and newly budget-conscious corporations.” A look at this year’s Crain’s list of largest law firms, ranked by the number of local attorneys, compared with the list from five years ago, confirms that shrinkage has set in among Northeast Ohio’s legal giants. Five years ago, the 10 largest firms on the list employed 1,396 local attorneys as of June 1, 2008. This year, though, the 10 largest firms employed just 1,254 attorneys as of June 1, 2013 — a drop of more than 10%. There were five Northeast Ohio firms in 2008 that had at least 150 local attorneys: Jones Day (236 then); BakerHostetler (183); Calfee, Halter & Griswold (156); Squire, Sanders & Dempsey LLP (155) and Thompson Hine LLP (150). Now, only Jones Day and Baker are above the 150-attorney mark locally, and both are down from five years ago — Jones Day to 211 attorneys from 236, and BakerHostetler to 179 from 183. Calfee’s ranks locally have shrunk to 133 attorneys from 156 in June 2008. Squire’s drop is even sharper, to 120 attorneys locally now from 155 five years ago.

CRAIN’S CLEVELAND BUSINESS

WWW.CRAINSCLEVELAND.COM

51

LARGEST LAW FIRMS

RANKED BY NUMBER OF LOCAL ATTORNEYS(1)

Firm Local address Rank Phone/Website

Local Female attorneys Partners partners

Minority partners

Associates

Of counsel

Staff

Salary for associate hired from law school

1

Jones Day North Point, 901 Lakeside Ave., Cleveland 44114 (216) 586-3939/www.jonesday.com

211

69

8

1

108

34

638

$145,000

Christopher M. Kelly Cleveland partner-in-charge

2

Baker & Hostetler LLP 1900 E. Ninth St., Suite 3200, Cleveland 44114 (216) 621-0200/www.bakerlaw.com

179

103

23

3

35

14

415

$135,000

R. Steven Kestner, national executive partner; Hewitt B. Shaw, Cleveland office managing partner

3

Calfee, Halter & Griswold LLP 1405 E. Sixth St., Cleveland 44114 (216) 622-8200/www.calfee.com

133

75

16

1

30

15

276

NA

Brent D. Ballard, managing partner; Thomas F. McKee, chairman

4

Thompson Hine LLP 127 Public Square, Suite 3900, Cleveland 44114 (216) 566-5500/www.thompsonhine.com

132

63

17

2

40

21

319

$120,000

Deborah Z. Read, managing partner; James B. Aronoff, partner-in-charge

5

Squire Sanders (US) LLP(2) 127 Public Square, Suite 4900, Cleveland 44114 (216) 479-8500/www.squiresanders.com

120

61

14

5

42

17

340

$130,000

Frederick R. Nance, regional managing partner; David S. Goodman, Cleveland managing partner

6

Tucker Ellis LLP 950 Main Ave., Suite 1100, Cleveland 44113 (216) 592-5000/tuckerellis.com

116

50

6

2

28

38

265

NA

Joe Morford, firm managing partner; Jeff Healy, partner-incharge, Ohio

7

Ulmer & Berne LLP 1660 W. Second St., Suite 1100, Cleveland 44113 (216) 583-7000/www.ulmer.com

99

57

12

3

31

8

216

NA

Kip Reader managing partner

8

Benesch 200 Public Square, Suite 2300, Cleveland 44114 (216) 363-4500/www.beneschlaw.com

93

57

8

3

30

6

223

$105,000

Ira C. Kaplan managing partner

9

Hahn Loeser & Parks LLP 200 Public Square, Suite 2800, Cleveland 44114 (216) 621-0150/www.hahnlaw.com

90

56

8

3

22

14

185

$110,000

Lawrence E. Oscar, managing partner, CEO; Allan S. Kopit, partner-in-charge, Cleveland office

10

McDonald Hopkins LLC 600 Superior Ave., E., Suite 2100, Cleveland 44114 (216) 348-5400/www.mcdonaldhopkins.com

81

54

4

0

20

7

173

NA

Carl J. Grassi, president; Shawn M. Riley managing partner, Cleveland

11

Reminger Co. LPA 101 Prospect Ave. W., Suite 1400, Cleveland 44115 (216) 687-1311/www.reminger.com

77

55

16

4

13

2

190

NA

Stephen E. Walters CEO, president

CONTINUED

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