Free Market Evaluation - Send us your resume and we will give you free feedback
Man Arrested for Brutal Hatchet Attack on Attorney
Man Arrested for Brutal Hatchet Attack on Attorney
South Korea Strikes Down Adultery Law
South Korea Strikes Down Adultery Law
‘Green Rush’ Initiated in Washington, D.C.
‘Green Rush’ Initiated in Washington, D.C.
Purina Dog Food Questioned in Class-action Lawsuit
Purina Dog Food Questioned in Class-action Lawsuit
Legal Job Listings
Download PDF

Bingham Sees Increased Profits, Revenue — Credits Downsizing View Count: 17

Bingham McCutchen saw both revenue and profits rise in 2008, the firm reports.

Gross revenue for the Boston-based firm totaled $767 million in 2008, a 3.2% increase over 2007; profits per partner went up 6.4% to $1.42 million.

The firm reports a 5.5% increase in revenue per lawyer, to $950,000; and a 6.7% increase in compensation for all partners, to $960,000.

Firm Chairman Jay Zimmerman points to the firm’s reduced head count, down 2.2% in 2008, as an important factor that contributed to this increase. The reduction allowed lawyers to maintain a high level of work, he said.

Get JD Journal in Your Mail
Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Bingham made several significant lateral hires in the second half of the year, beefing up its securities, antitrust and restructuring practices. The additions include securities lawyer Geoffrey Aranow, most recently the managing partner of Heller Ehrman’s Washington, DC, office; as well as restructuring partner Jeffrey Sabin from Schulte Roth & Zabel. The firm also brought on three antitrust partners from Clifford Chance in November.

Bingham McCutchen LLP is an international law firm with approximately 1,000 attorneys in 11 US offices and three international offices. It represents clients in corporate litigation, cross-border restructurings and insolvencies, financing and securities, government affairs and a wide variety of corporate and technology transactions.

The law firm was named 41st best company to work for in 2008 by Fortune.

Bingham Sees Increased Profits, Revenue -- Credits Downsizing by

Tagged: , , , , , , , , , , ,

Posted by on January 23, 2009. Filed under Home,Legal News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

 

 

Job of the Day
Real Estate Partner
USA-CA-Los Angeles
Our client is a growing AmLaw 120 practice with a national support in growing the Los Angeles group to work with their East Coast offices.  The following practices are among those being target...


Apply now

Related Posts: