Howrey Cutting Partners After Tough ’09
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Howrey, which saw a 35 percent drop in profits per equity partner in 2009, is poised to cut between 25 and 30 partners over the next several months, LegalWeek reports.

The cuts would equate to between 8% and 10% of the firm’s equity and non-equity partners.

Howrey saw its gross revenue drop by 16.3 percent to $480 million in 2009 and its PPP came in at $846,053, a significant decrease from the previous year’s mark of $1.299 million. Last month, before the financial results were released, CEO Bob Ruyak announced through an e-mail that there was not enough work available for all attorneys and staff and that layoffs would be forthcoming.


According to LegalWeek, Howrey said the cuts would not be based on partner performance. Instead, they will be in practice areas that do not fit with its main business of IP law, global litigation and antitrust.

Robert Ruyak, Howrey’s managing partner and chief executive, gave LegalWeek the following statement: “After an internal assessment we decided that we need to tighten up and be strong by focusing on our core areas.

“We added a number of partners laterally during the last part of 2009 and thus far in 2010, while a similar number are departing for firms and practices that should be a better fit for them. We do not expect the partnership to be substantially different in size by the end of the year to what it is now.”

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!

Howrey was founded in 1956 and is headquartered in Washington D.C. It has over 700 attorneys and offices in Chicago, Los Angeles, New York, London, Munich, Taipei and several other locations.


Interesting Legal Sites You May Like




Search Now

Mid-level Litigation Attorney with motions experience


Seattle office of our client seeks mid-level litigation attorney with 3-5 years of experience, inclu...

Apply Now

Environmental /Land Use Attorney with 2-3 years of experience

USA-CA-San Francisco

San Francisco office of our client seeks environmental /land use attorney with 2-3 years of experien...

Apply Now

Litigation Attorney with 2-5 years of insurance defense experience


Jacksonville office of our client seeks litigation attorney with 2-5 years of previous insurance def...

Apply Now

Attorney with 5+ years of complex litigation experience


Detroit office of our client seeks attorney with 5+ years of complex litigation experience. The cand...

Apply Now


Experienced Insurance Defense Attorney Needed


Insurance Defense firm (with 15 attorneys in Suffolk and Mineola location), seeks attorneys with 5+ ...

Apply now



INSURANCE DEFENSE / TRANSPORTATION LITIGATION Law firm located in North Houston seeking an associ...

Apply now

Hotline & Training Managing Attorney (IMMIGRATION)

USA-NY-New York City

Summary: The Hotline & Training Services Managing Attorney will guide, develop, and supervise the Ho...

Apply now

Legal Assistant / Paralegal


Our  law firm is currently seeking a qualified applicant to fill the position of a Legal Assist...

Apply now

Most Popular


To Top