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Patton Boggs’ Profits and Revenue Show Slight Increase
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Patton Boggs, a premiere international law firm with more than 600 lawyers, announced that the firm registered a slight uptick in its revenue for 2010. Patton Boggs confirmed that both revenue per lawyer (RPL) and profits per partner (PPP) have increased by 5%, from $840,000 to $884,000. The firm’s gross revenue also showed a slight upward movement, rising by 1.6% to $337.3 million.

Patton Boggs attributed the movement to the decrease in number of lawyers at the firm. In 2010, about 15 lawyers and 10 partners departed from the firm. As of today, Patton Boggs now has 527 associates and 116 partners.

Edward Newberry, Managing partner at Patton, added that the profits and revenue increase were also caused by the firm’s strong and steady performance in its largest practice area- litigation. Newberry explained that the firm’s litigation practice accounted for over 42% of Patton’s total revenue for 2010.

  
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Patton Boggs, founded in 1962, now operates in the following nine locations in the US: Washington, DC, New York City, Newark, Anchorage, Dallas, Denver, Northern Virginia. The firm has additional offices in the United Arab Emirates, specifically in Doha, Qatar and Abu Dhabi. The firm focuses on litigation, public policy, business, intellectual property, international and trade law.



 

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