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Home » Posts tagged with » profits per partner drop

Revenue, Profits Take a Tumble at Howrey

Revenue, Profits Take a Tumble at Howrey

It was a rough year financially for Howrey in 2009. The firm’s gross revenue declined to $480 million last year, a decrease of 16.3 percent from $573.2 million in 2008.…

Pinsent PPP Down, Confirms Layoffs

Pinsent PPP Down, Confirms Layoffs

Pinsent Masons saw profits per partner plummet 36%, falling to £310,000 ($511,000). Revenues were up 1% to £215 million ($355 million) in the last fiscal year. The firm announced a…

Bird & Bird Sees 30% Rise in Revenue

Bird & Bird Sees 30% Rise in Revenue

Bucking the trend of law firms suffering drops in revenue, Bird & Bird saw revenues rise by 29.6% in the last fiscal year. The firm reported gross revenue of £186.3…

Herbert Smith Sees Profits Plummet

Herbert Smith Sees Profits Plummet

City of London law firm Herbert Smith saw profits fall 22% in 2008, plummeting below £1 million ($1.65 million). Partners will see earnings drop from £1.04 million to between as…

Allens Arthur Robinson Freezes Pay, Offers Voluntary Redundancies

Allens Arthur Robinson Freezes Pay, Offers Voluntary Redundancies

Allens Arthur Robinson will institute pay freezes July 1st, and is offering up to one year’s pay to lawyers who take voluntary redundancies. The amount paid out for those who…

Debevoise Reports Revenue Up

New York’s Debevoise & Plimpton announced that its 2008 gross revenue climbed 7.2%, while profits per partner fell nearly 3%. Revenue grew to $760.8 million, but profits per partner dropped…

Hogan & Hartson’s Revenue and Profits Down

Hogan & Hartson’s revenue and profits fell flat in 2008, after a record year in 2007. The firm’s gross revenue rose 4.8% to $922.5 million, but the firm’s revenue per…

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…