Richmond, Virginia’s Hunton & Williams posted $668 million in gross revenue in the fiscal year that ended March 31st, a 2.2% increase from the previous year. Net revenue was $229 million, a 9% increase. The firm’s payout to equity partners was down 2.5% due to a 12% increase in the number of partners. Hunton & Williams has 19 [...]
Continue reading...Sunday, March 8, 2009
Am Law 100 firm Kirkland & Ellis saw an increase in revenue and flat profits per partner in the 2008 fiscal year. Revenue rose 7% to $1.4 billion, and profit per partner was flat at $2.47 million. Revenue per lawyer fell 3% to $1.05 million. Business for the firm’s large private equity group was down, but that [...]
Continue reading...Monday, March 2, 2009
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 to $2.23 million. The drop-off in profitability followed declines at other New York-based firms, such as Skadden, Arps, Slate, Meagher & Flom; Sullivan & Cromwell; and Davis [...]
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Thursday, April 9, 2009
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