Revenue and profits decreased at Dechert in the 2009 fiscal year. Gross revenue decreased 12.6% from $816 million in 2008 to $713 million in 2009. Profits per equity partner decreased 8.6% to $1.96 million. Total head count at the firm dropped from 891 to 786. Notably last year Dechert was co-counsel to the Haas family [...]
Continue reading...Tuesday, February 16, 2010
Irell & Manella reported that in the fiscal year 2009 overall revenue increased approximately 10% to $253 million. Profits per partner increased almost 27% t $2.49 million. Revenues per lawyer increased by 10% to $1.273 million. The partnership contracted in 2009 from 74 to 65. The firm was busy in almost every practice area including complex [...]
Continue reading...Friday, July 10, 2009
London’s Hammonds LLP saw profits per equity partner fall to £276,000 ($446,000) for the recently ended fiscal year. The firm laid off 77 staffers and cut 20 partners in February. Hammonds LLP is an international law firm with UK offices in London, Birmingham, Manchester, and Leeds. Overseas offices are situated in Brussels, Paris, Berlin, Munich, Madrid, Hong [...]
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Friday, February 19, 2010
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