Am Law 100 firm Paul, Weiss, Rifkind, Wharton & Garrison had a solid 2008, with both revenue and profits on the rise. Gross revenue reached $692 million, up 6.3% from 2007; and profits per equity partner climbed to $2.65 million, up 2.3%. At $1.07 million, revenue per lawyer was flat. Head count at the firm, a [...]
Continue reading...Saturday, January 17, 2009
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 [...]
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Sunday, January 25, 2009
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