New York City’s White & Case reports it profits per equity partner fell by 5% in 2008 to $1.6 million. The decrease came despite a 7% rise in revenues to $1.467 billion. The firm laid off 70 associates last November. Revenue per lawyer fell from $720,000 to $705,000, and continues to lag behind many Am Law 100 [...]
Continue reading...Friday, January 30, 2009
Cincinnati’s Dinsmore & Shohl reported mixed results for 2008, with gross revenue solidly up but profits per partner down double-digits. Gross revenue for the law firm rose 10.7% to $132.8 million. Profits were down 4% to $44 million; profits per partner declined almost 16% to $385,000. Managing partner George Vincent attributes much of the movement in the [...]
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Tuesday, February 10, 2009
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