Gross revenue came in at $373 million at Drinker Biddle & Reath in 2009, a slight decrease from the firm’s 2008 revenue of $382 million. Revenue per lawyer also fell, to $600,000 from $615,000, but profits per partner managed to hold steady at $605,000.
The Legal Intelligencer reports the average compensation for all partners was $538,000, a three percent increase from the previous year. There are 193 equity partners at Drinker Biddle, two fewer than in 2008 and its 72 non-equity partners is one more than the previous year.
There are 619 full-time lawyers, just two fewer than in 2008.
Drinker Biddle & Reath LLP was founded in Philadelphia in 1849. The firm has 12 offices in the US. Its largest offices are in Philadelphia, Chicago, Florham Park, New Jersey, and Washington, DC.
Posted by joshua
on March 4, 2010. Filed under Home,Law Firm News.
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