Home

Foley & Lardner Had Tough Year in ’09
Download PDF

The recession seems to have taken its toll on Foley & Lardner. The firm saw its gross revenue fall to $667 million last year, a decrease of 8.8 percent, and profits per partner fell to $586,000, a decrease of 7.9 percent.

Firm Chairman Ralf-Reinhard Boer told the AM Law Daily “we’re glad 2009 is behind us” and that business has increased across all practice areas since the start of the year.

“It was a tough year for the industry and a tough year for us,” Boer said. “Things are perking up pretty much.”

  
What
Where


According to the report, the positive news for Foley & Lardner was limited to its bankruptcy and renewable energy practices. The biggest hits came in IP and IP litigation, securities and white-collar litigation.

Foley & Lardner LLP is an international general practice law firm started in 1842 in Milwaukee, Wisconsin. It employs 1,000 attorneys in 21 offices and 60 practice groups, and is the 24th largest firm in the United States.

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!!




 

Most Popular

Legal Career Resources

July 12, 2016 Negativity Gets You Nowhere In a Law Firm

Summary: Harrison Barnes discusses the “One Simple Rule” that attorneys need to follow if they wish to keep their careers moving in a successful direction. Read The One Simple Rule for Succeeding in a Law Firm to learn more. Some […]

read more

SEARCH IN ARCHIVE

To Top