Finding
Practice Area Information on ALM Research Online
ALM
Research Online offers a wealth of practice-area specific information
about individual law firms. Through search and analysis of our cumulative
“lateral partner moves,” and “corporate representation”
databases, including our corporate scorecard rankings and “who
counsels who” surveys, you’ll be able to identify practice
areas in which an individual firm is growing, shrinking, and ruling,
as well as trends in the market generally. You can approach your
search in one of the following ways. (Please note that these search
suggestions presuppose that you have a premium subscription
to the database. However, much of this information described is
available to basic subscribers and on a by-transaction
basis.)
Practice
Area Searching: By Topic - Laterals
When you sign on to ALM
Research Online, choose “Topic” from the horizontal
menu bar at the top of the page. And then, choose ”Laterals”
from the vertical menu bar on the left (information is available
from 2002 to the present). The data includes the partner’s
particular practice area, the year he or she was hired or left the
firm; where the partner came from, and where the partner went. You
can find this information for one firm or multiple firms and use
the ALM Research workspace to compare the results. The results can
also be downloaded in Excel format and integrated with your firm’s
own data. You can also compare financial, corporate representation,
and perhaps financial data, along with lateral partner information
for the firms selected. If you want to see results for firms based
on revenue or current ALM key financial and demographic ranking,
then go directly to the “Firm Revenue” or “Firm
Rank” tabs.
For
a more complete description of the Laterals information available
in the ALM Research database, see the section on Laterals
below.
Practice
Area Searching: By Topic – Corporate Representation
To get information about clients and corporate representation in
specific practice areas, choose two topics from the vertical menu
bar on the left
• “Corporate” will get you information about the
firm’s mentions in
- the Big Deals and Big Suits columns carried by many of ALM’s
publications
- The American Lawyer’s annual “Corporate Scorecard”
rankings of firms based, on their corporate transactions work.
• “Clients” will get you names of the clients
the firm represents, and in what type of practice area.
• Last, you will be prompted to select the name of at least
one firm, and a time frame (e.g. 1980s, 1990s).
You
will be prompted, in the most user-friendly way, to producing an
easy-to-read report. On-screen, you will see that it has a tabbed
page for each of the topics selected (Big Deals and Suits, Corporate
Scorecard, Clients). The report may be downloaded in the form of
an Excel workbook, and KM-savvy firms may then re-format the data
and import it into their own databases if they so choose.
Again,
you can find this information for one firm or multiple firms and
use the ALM Research tools to compare the results. Here too you
can include other categories of data along with the corporate representation
information and use the “Firm Revenue” or “Firm
Rank” tabs to identify firms.
Practice
Area Searching: Individual Law Firm Reports
If your goal is to identify all of the information in the ALM Research
database about one particular firm, then a law firm report may be
the best place to start. On the ALM
Research Online home page, there is a link for downloading reports
about individual law firms and viewing samples of them. These in-depth
reports provide detailed financial and business information for
more than 300 law firms, and are compiled from the most recent information
available in the database. Premium subscribers may obtain 1-year,
3-year, and 5-year reports for all firms in the database. Basic
subscribers may obtain 1-year reports. Non-subscribers may obtain
reports on a per-transaction basis.
The
Law
Firm Reports provide the same information that can be found
by searching By Topic, but is a more direct route. For example,
I pulled a five-year report for the Indianapolis-based firm Baker
& Daniels and found records for more than a dozen lateral partner
moves in and out of the firm in the last four years.
If
I was doing some analysis about the firm I would note that the movements
in and out of the firm since 2002 (the earliest Lateral Partners
data in the database) seem to represent the normal churn –
three business and commercial specialist left the firm, but four
were hired; one healthcare specialist left the firm, but one was
hired.
A
look at the firm’s press releases from the last few years
(many of these are included in the Individual Law Firm Reports)
shows a concentration of hiring in the general fields of commercial
banking, finance, and insurance. The firm has also hired at least
five new associates to help with their litigation practice, and
has been building its China practice over the last few years, with
several partner hires and several associate hires. (Data for lateral
associate hires is not included in the ALM Research Online database.)
A
look at the corporate representation information in the report shows
that Baker & Daniels has occasionally placed well in The American
Lawyer’s Corporate Scorecard rankings, in the areas of mergers
and acquisitions and debt offerings. The following client names
show up, many of them repeatedly: Anthem, Cardiac Pacemakers, Cinergy,
Conseco, CSX Transportation, Deere & Co., Eli Lilly & Co.,
General Motors, Guidant Sales Corp., New Medical Technology, WellPoint,
and Zimmer. The firm represents these companies in the following
types of practice areas: Contracts, Corporate Governance, Corporate
Transactions, Intellectual Property, IP Litigation, General Litigation,
Mergers & Acquisitions, Patent, Real Estate, and Products Liability.
Practice Area Searching: ALM Research Toolbox: Article
Search and Web Spider
This search tools connects you with three types of linkages: articles
related to the topic (words) you search; links to law firm web sites
that have the same terms displayed on their site; and when searching
for a law firm, it also displays any lists or surveys in which the
firm has appeared.
To
give an example, I searched for the words “Supreme Court litigation,”
surrounding those terms in quotation marks. Twenty-five pay-per-view
articles ($15 each) were located, including one that identified
in its abstract “Supreme Court litigation boutique Goldstein
& Howe.” The first five law firm links for “Supreme
Court litigation” were to Davies
Ward Phillips & Vineberg, McDermott
Will & Emery, Morrison
& Foerster, Mayer
Brown Rowe & Maw, and Houtoff
Buruma. Note that the first and last mentioned are non-U.S.
firms (Davies Ward is Canadian; Houtoff is Dutch). We tend to forget
that we are not the only country with a Supreme Court so refining
the search with the term “United States” is advisable
if you’re only interested in U.S. litigation.
Practice
Area Searching: ALM Research Toolbox: Blog Items on Practice Areas
& Industries
I occasionally come across good sources of information and good
search engines for practice area and industry information when I
am culling the blogosphere and reviewing my RSS feeds for items
to contribute to the ALM
Research Blog. The Blog is free. You will find a link to it
in the ALM Research Toolbox section of the homepage of ALM
Research Online, or in the Resource Links in this newsletter.
Click on the Blog link, and then scroll down, looking for the subject
heading in the “Categories” section (right-hand side
of the page) called Practice
Areas & Industries.
Some
of the blog postings have been just for the fun of it (“Celebrities
and Their Lawyers”), but most have been just quick
links to data and information sources for particular practice areas
(e.g. the Energy Information Administration’s Country Analysis
Briefs; TRAC’s U.S. Federal Immigration Website; Americans
for Tax Reform’s State Tax Trends Over 25 Years).
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