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Revenue Flat for Locke Lord in 2010
Locke Lord Bissell &Liddell is reporting flat revenues for 2010 but an 8.5% increase in net income. Profit per partner was just under $1 million, but because 2009′s ppp was reported based on August head counts compared to this years use of a full year’s worth of data, no comparison is possible.
In 2009 Locke Lord reported $399 million in revenue compared to 2010′s $396.4 million, less than a 1% swing. Net income jumped a little more than $10 million, from $128 to $138.9 million in the same time period. Firm chair Jerry Clements said that the firm’s partners are pleased with the results and pointed to REIT, white-collar crime defense, internal investigations, health care, appellate, insurance transactional and regulatory as well as various litigation practices as the firm’s strong practice areas in 2010.Revenue Flat for Locke Lord in 2010 by joshua