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FisherBroyles short-listed in Financial Times “Innovative Lawyers – North America” awards.

Dec 14, 2020
  • FisherBroyles News

Firm recognized alongside Am Law 100 firms in ‘Rethinking the Workplace’ category

 

(New York – December 14, 2020)—FisherBroyles, LLP is delighted to have been short-listed in the prestigious Financial Times’ “Innovative Lawyers – North America” awards, in the ‘Rethinking the workplace’ category, for its submission ‘An 18-Year, overnight success’.

The awards which recognize the best in innovation from law firms, and in-house legal teams, in North America – were announced in a virtual awards ceremony held December 10th. FisherBroyles was short-listed alongside six Am Law 100 firms.

The Financial Times noted:

“The firm’s operating model relies on the use of technology to enable a distributed workforce without physical offices, which has allowed the business to operate smoothly during the pandemic.

“It has a formula-driven salary model that rewards bringing in new clients and collaborating internally (partners who share work with other lawyers receive 32 per cent origination credit). As homeworking has become generally accepted, the firm has seen an increase in its recruitment, with 45 new partners hired in 2020.”

The Firm’s unique distributed workforce operating model has allowed its 280 partners and 160 staff, spread across 23 markets globally, to operate smoothly during the pandemic. Unbound by geography, the model attracts the best talent, wherever individual lawyers are located.

The recognition follows a very successful year for FisherBroyles including:

  • The best year on record for revenue – gross revenue of c. $113 million, up 24% on 2019;
  • One of the Firm’s largest partnership distributions – the amount of compensation paid to partners;
  • Sustained growth and recruitment throughout the year – adding 51 attorneys from global elite firms in 2020 to date (45 in the US and 6 in the UK); and
  • Successful expansion into the UK at the start of the year, and subsequent growth/hiring

Michael Pierson, Managing Partner of the Firm’s Global Corporate practice, said:

“We are delighted to be recognized in these prestigious awards. It is recognition for our innovative operating model which allows partners to work remotely, at the highest level of the profession, without unnecessary overhead costs, and also in a way that passes value along to clients while offering lawyers unparalleled compensation.

“We were founded in 2002 by James Fisher and Kevin Broyles, who had a vision to create the next generation law firm. Eighteen years later, the firm counts more than 280 partners and 160 staff, operating in 23 markets globally, with lawyers practicing in every area of US and English law.

“The people of the firm are its greatest asset, and each of the managing partners for Corporate, Litigation, and Intellectual Property help lead an amazing team of lawyers who offer full-service capability to the firm’s clients.”

 

 

Further information

 

FisherBroyles

Michael Pierson, Managing Partner, Global Corporate

[email protected]

Direct: +1.202.445.3779

 

Thoburns

John Gill

[email protected]

Direct: + 44 7860 410272

 

lawyersnorthamerica.live.ft.com/home

 

 

About FisherBroyles, LLP

Founded in 2002, FisherBroyles, LLP is the first and world’s largest distributed law firm partnership. The Next Generation Law Firm® has grown to hundreds of partners in 23 offices globally. The FisherBroyles’ efficient and cost-effective Law Firm 2.0® model leverages talent and technology instead of unnecessary overhead that does not add value to our clients, all without sacrificing BigLaw quality. Visit our website at www.fisherbroyles.com to learn more about our firm’s unique approach and how we can best meet your legal needs.

These materials have been prepared for informational purposes only, are not legal advice, and under rules applicable to the professional conduct of attorneys in various jurisdictions may be considered advertising materials. This information is not intended to create an attorney-client or similar relationship. Whether you need legal services and which lawyer you select are important decisions that should not be based on these materials alone.

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