Good morning everyone! Today is Wednesday, August 11th. Here’s a quick recap of yesterday’s stories. Venable added corporate attorneys from DLA Piper as partners in its New York office… Megafirm DLA…
An upcoming study of small and mid-sized law firms will demonstrate how the recession has affected their response to the ever-present recession. The study, coming from the National Law Journal,…
Gross revenue declined to $108.6 million at Stevens & Lee in 2009, a 1 percent decrease from the $109.7 million the firm took in in 2008. According to the Legal…
Multiple online reports indicate Mayer Brown has laid off 28 associates and 47 staffers. Mayer Brown saw a 14 percent decrease in revenue in 2009 and last April the firm…
The recession seems to have taken its toll on Foley & Lardner. The firm saw its gross revenue fall to $667 million last year, a decrease of 8.8 percent, and…
Revenue declined at Winston & Strawn in 2009 while profits remained flat. Gross revenue decreased by 5%, roughly $40 million. Profits per partner remained steady at $1.283 million and the…
DLA Piper reports that gross revenue declined by almost 14% in 2009 to just over a billion dollars. Revenue per lawyer and profits per partner decreased only 5%, due to…
Munger, Tolles & Olson reported decreases in both revenue and profits per equity partner in 2009. Revenue decreased 4.5% to $198 million. Profits per equity partner at the firm dropped…
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…
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