Home

Familiar Tune: Revenue Down, Profits Up At Sutherland
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Atlanta-based Sutherland, like a host of other biglaw firms, saw an increase in profits in 2009 despite a  drop in gross revenue.

According to Atlanta’s Daily Report, Sutherland’s revenue checked in at around $269 million in ’09, which was a 7 percent decrease from the previous year. Despite that, profits increased 3.5 percent to $93.6 million. That equates to a per equity partner average of $910,000, which is up about $80,000 from the previous year.

Sutherland Managing Partner Mark D. Wasserman said the firm’s profits were bouyed by a series of cost-cutting measures.

  
What
Where


“We were looking very, very hard at the cost number, because we were projecting that we would not have a higher revenue number …,” Wasserman told Daily Report. “And we knew that to have the kind of year we wanted, we had to watch things on the cost side.”

One of the cost-saving measures cited in the report was the firm’s decision to reduce starting salaries in Atlanta by $20,000. Wasserman said no further measures are planned for 2010.

Sutherland Asbill & Brennan was founded in 1924 and focuses on seven major practice areas—corporate, financial services, energy & environmental, intellectual property, litigation, real estate, and tax. It has 450 attorneys, and offices in Atlanta, Austin, Houston, New York and Washington DC.

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!!






 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Mid-level Litigation Attorney with motions experience

USA-WA-Seattle

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

USA-FL-Jacksonville

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

USA-MI-Detroit

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

Apply Now

RELEVANT JOBS

ASSOCIATE ATTORNEY

USA-TX-Houston

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

USA-TX-Houston

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

Apply now

Corporate Attorney

USA-MI-Holland

Warner Norcross & Judd, one of Michigan\'s largest and most progressive law firms, is looking f...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top