Wake Up Call: Troutman Pepper Revenues Top $1B After Merger

In today’s column, Akin Gump is the last major international firm to get out of Russia; University of Chicago Law got a $15 million gift from a Carlyle Group co-founder; Goodwin and Meta are partnering on tech and IP law scholarships at historically black colleges.

• Leading off, Troutman Pepper Hamilton Sanders had its first full year in 2021 after the pandemic-delayed the 2020 merger of Atlanta-based Troutman Sanders and Philadelphia-based Pepper Hamilton into a 1,121-lawyer firm. The firm’s transactional work helped drive revenues up 12.1% to $1.029 billion. Its profits per equity partner rose 11.2% to 1.39 million. (Legal ...