Wake Up Call: Gibson Dunn Promotes Record 37 to Partner

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

• Gibson Dunn promoted a record 37 lawyers to partner, effective Jan. 1, 2023, with its offices in New York, Washington, and Los Angeles accounting for most of the new partners. (GibsonDunn.com)
• Average law firm net income shrank 7.3% and profits per equity partner fell 8.5% through 2022’s first nine months, according to a new survey report from Wells Fargo Legal Specialty Group. (American Lawyer)
• Orrick Herrington & Sutcliffe poached a four-partner intellectual property litigation team ...