Bingham McCutchen saw both revenue and profits rise in 2008, the firm reports. Gross revenue for the Boston-based firm totaled $767 million in 2008, a 3.2% increase over 2007; profits per partner went up 6.4% to $1.42 million. The firm reports a 5.5% increase in revenue per lawyer, to $950,000; and a 6.7% increase in compensation for [...]
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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Friday, January 23, 2009
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