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…
Profits for Los Angeles-based Latham & Watkins fell 21% in 2008, one of the biggest falls so far reported by an Am Law 100 firm. Profits per equity partner fell…
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…
When we wrote about seven Cadwalader, Wickersham & Taft partners walking out, we reported that America’s most elderly law firm saw profits fall 30%. But Legal Week reports that earnings…
The American Lawyer reports that America’s oldest law firm, Manhattan’s Cadwalader, Wickersham & Taft, saw its average profits per equity partner fall more than 30% in 2008. Cadwalader’s equity partners…
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