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Home » Posts tagged with » profits drop

McGuireWoods Posts Mixed Results in ’09

McGuireWoods Posts Mixed Results in ’09

There was mixed news on the financial front for McGuireWoods in 2009. Gross revenue and profits per equity partner (PPP) managed to increase last year, but net profits and revenue…

Wragge & Co Targeting 85 for Redundancy

Wragge & Co Targeting 85 for Redundancy

Top Birmingham, UK law firm Wragge has announced a redundancy consultation, targeting 85 fee earners, support staff and secretaries. It has also implemented a salary freeze. The firm is also…

Revenue, Profits Down at Stroock & Stroock

The Am Law 100′s Stroock & Stroock & Lavan, a firm with about 75% of its 750 lawyers in New York, saw profits per partner drop by 8.6%, to $1,185,000…

Cravath Profits Drop Whopping 24%

Am Law 100 firm Cravath, Swaine & Moore saw 2008 gross revenue fall 13%, while profits per partner dropped 24% to $2.5 million. The firm announced last November that it…

O’Melveny & Myers Sees Revenues, Profits Drop

Los Angeles-based O’Melveny & Myers announced that profits per partner were down more than 7% to $1.5 million. Gross revenues for 2008 were $908 million, an almost 3% drop from…