Shegerian & Associates Company Profile

Background

Shegerian & Associates, Inc. is a prominent employment law firm headquartered in Los Angeles, California. Established in 1996 by Carney R. Shegerian, the firm is dedicated to representing employees in disputes against employers, focusing on cases involving wrongful termination, discrimination, harassment, and retaliation. With a mission to uphold individual rights in the workplace, Shegerian & Associates has been a steadfast advocate for employees since its inception.

Key Strategic Focus

The firm's strategic focus centers on providing comprehensive legal representation in employment law. Specializing in areas such as age, disability, gender, and racial discrimination, as well as wrongful termination and sexual harassment, Shegerian & Associates employs a contingency-based model, ensuring clients are not charged fees unless a settlement or verdict is achieved. This approach underscores their commitment to accessible justice for all employees.

Financials and Funding

Shegerian & Associates operates as a privately held firm and does not publicly disclose detailed financial information. However, estimates suggest an annual revenue of approximately $24 million, with a revenue per employee of around $270,000. The firm has experienced significant growth, increasing its employee count by 25% in the past year, bringing the total to 89 employees.

Leadership Team

The firm is led by its founder, Carney R. Shegerian, a seasoned trial attorney with a track record of over 100 jury trials, including more than 50 seven-figure verdicts. Under his leadership, Shegerian & Associates has secured over $1 billion for clients. The firm's team comprises over 20 attorneys and more than 40 support staff, all dedicated to advocating for employee rights.

Competitor Profile

Market Insights and Dynamics

The employment law sector is a critical component of the legal industry, addressing workplace disputes and advocating for employee rights. The demand for legal services in this area remains robust, driven by ongoing workplace challenges and evolving employment laws.

Competitor Analysis

Shegerian & Associates faces competition from several law firms specializing in employment law, including Resnick and Louis, Taylor Anderson, and Kaplan Kirsch and Rockwell. These firms offer similar services, focusing on representing employees in disputes against employers.

Strategic Collaborations and Partnerships

While specific strategic collaborations are not publicly disclosed, Shegerian & Associates has a history of partnering with other law firms to enhance their litigation capabilities. Notably, in the case against the L.A. Times, the firm collaborated with The Rowley Law Firm and Trial Lawyers for Justice, resulting in a significant attorneys' fees award.

Operational Insights

Shegerian & Associates distinguishes itself through a high success rate exceeding 98%, including numerous multi-million-dollar verdicts. The firm's contingency-based model ensures that clients are not charged fees unless a settlement or verdict is achieved, making legal representation accessible to a broader range of clients.

Strategic Opportunities and Future Directions

Looking ahead, Shegerian & Associates aims to continue its growth trajectory by expanding its team and enhancing its litigation capabilities. The firm is committed to adapting to the evolving employment landscape and securing favorable resolutions for clients. With a goal to try multiple jury trials annually, the firm is poised to maintain its position as a leader in employment law.