New York-based international law firm Cleary Gottlieb Steen & Hamilton saw both revenue and profits per partner rise in 2008. Gross revenue rose 8% to $965 million, and profits per partner increased about 12% to $2.4 million. But revenue per lawyer was basically flat, down less than 1%. Nearly half the firm’s lawyers are overseas, helping to cushion [...]
Continue reading...Wednesday, December 24, 2008
Thomson Reuters reports that global deal volume dropped by a full one-third in 2008, and is expected to fall further next year. Total deal volume dropped about 32% to $2.89 trillion, the lowest annual number since 2005. Q4 numbers were even worse, with M&A volume dropping 44% globally over the last three months compared to 2007; [...]
Continue reading...
Sponsored by |
Saturday, January 17, 2009
0 Comments