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Adams and Reese, an AmLaw 200, NLJ 500 and Law360 Top 400 law firm, is featured in an ALM/Law.com article "Adams and Reese Sees Revenue, Profits Rise Sharply."
The legal news publication features stories on the 2023 financial numbers (revenue, growth, profits per equity partner, net income, etc.) and employee growth at the top law firms across the nation. Adams and Reese, founded in 1951, has 315 attorneys and advisors representing business and industry in more than 75 practice areas across 20 offices, 10 states, and Washington, DC.
Adams and Reese Managing Partner Gif Thornton said revenue and PEP increases were attributable to hard work and terrific hires by the firm. “We had good people working hard at appropriate rates,” he said. Thornton acknowledged the growth of several practices and teams, including litigation, construction, forestry, corporate services, and financial services.
He also attributed the firm’s success to leaders like 2023 Executive Committee Chair and Litigation Partner Clarence Wilbon. “He was the driving force in our success in 2023.”
Thornton said he looks forward to Adams and Reese’s continued growth in 2024. “We are a growth-oriented law firm,” he said. “We want to grow, and we think we can serve our clients better if we had a wider, broader reach.”
In January, Adams and Reese launched an Aviation and Aerospace Practice Team with the recent additions of legal industry power players Marc Warren, former FAA acting chief counsel and deputy chief counsel; Paul Alp, former Boeing senior counsel; and Laura DiBella, Florida’s first female secretary of commerce and chair of the Aerospace Alliance.
Warren and Alp bring over 60 years of combined experience representing the aviation and aerospace industry’s leading companies. DiBella brings more than 25 years of experience in economic development and government relations strategy. Warren and Alp will serve as co-leaders of the Adams and Reese Aviation and Aerospace Team.
The Aerospace and Aviation Team represents clients in aviation law and regulation under domestic and international authorities, related to compliance, safety, security, enforcement, risk management, and commercial issues. Subsections include Airworthiness, Manufacturing, and Products; Drones, Advanced Air Mobility, and Future Transportation; Investigations, Enforcement, and Disputes; and Regulation and Compliance.
The Adams and Reese Global Intellectual Property Group also added an Artificial Intelligence Team, announcing comprehensive AI advisory and litigation services around how the emerging technology is impacting various businesses. Adams and Reese’s AI legal services, led by team leader Jin Yoshikawa, cover a broad spectrum, including copyrights, patents, trademarks, data privacy, regulatory compliance, liability issues, licensing, technology transfers, dispute resolution, litigation, among other emerging issues.