2017 Law Firm Financials
| blathering principal's office degenerate | 02/06/18 | | Thirsty hairraiser mood | 02/06/18 | | blathering principal's office degenerate | 02/06/18 | | federal patrolman | 02/06/18 | | Bonkers tanning salon | 02/06/18 | | rebellious indian lodge useless brakes | 02/09/18 | | blathering principal's office degenerate | 02/08/18 | | fragrant theater stage pervert | 02/09/18 | | blathering principal's office degenerate | 02/09/18 | | Bipolar lime coffee pot abode | 02/09/18 | | blathering principal's office degenerate | 02/09/18 | | abnormal legal warrant theater | 02/09/18 | | blathering principal's office degenerate | 02/09/18 | | sickened swollen trailer park | 02/09/18 | | Stirring Disturbing Menage | 02/09/18 | | rebellious indian lodge useless brakes | 02/09/18 | | abnormal legal warrant theater | 02/09/18 | | turquoise boistinker | 02/13/18 | | turquoise boistinker | 02/13/18 | | blathering principal's office degenerate | 02/12/18 | | blathering principal's office degenerate | 02/12/18 | | Swashbuckling aggressive church building | 02/12/18 | | rebellious indian lodge useless brakes | 02/12/18 | | turquoise boistinker | 02/13/18 | | blathering principal's office degenerate | 02/13/18 | | arousing library | 02/13/18 | | Titillating business firm | 02/13/18 | | fragrant theater stage pervert | 02/13/18 | | drab goal in life | 02/23/18 | | blathering principal's office degenerate | 02/14/18 | | rebellious indian lodge useless brakes | 02/14/18 | | Crimson shaky laser beams | 02/14/18 | | outnumbered bawdyhouse pozpig | 02/16/18 | | drab goal in life | 02/23/18 | | blathering principal's office degenerate | 02/14/18 | | blathering principal's office degenerate | 02/14/18 | | blathering principal's office degenerate | 02/15/18 | | fragrant theater stage pervert | 02/16/18 | | blathering principal's office degenerate | 02/16/18 | | blathering principal's office degenerate | 02/16/18 | | outnumbered bawdyhouse pozpig | 02/16/18 | | blathering principal's office degenerate | 02/16/18 | | Multi-colored hospital mediation | 02/16/18 | | Pearl round eye | 02/16/18 | | arousing library | 02/16/18 | | rebellious indian lodge useless brakes | 02/21/18 | | blathering principal's office degenerate | 02/17/18 | | blathering principal's office degenerate | 02/17/18 | | fragrant theater stage pervert | 02/17/18 | | blathering principal's office degenerate | 02/17/18 | | Thirsty hairraiser mood | 02/26/18 | | blathering principal's office degenerate | 02/21/18 | | blathering principal's office degenerate | 02/21/18 | | blathering principal's office degenerate | 02/21/18 | | fragrant theater stage pervert | 02/21/18 | | blathering principal's office degenerate | 02/22/18 | | Hyperventilating point | 02/22/18 | | Copper garrison | 02/22/18 | | blathering principal's office degenerate | 02/22/18 | | blathering principal's office degenerate | 02/22/18 | | blathering principal's office degenerate | 02/23/18 | | blathering principal's office degenerate | 02/23/18 | | blathering principal's office degenerate | 02/26/18 | | blathering principal's office degenerate | 02/26/18 | | Saffron Hairless Idiot | 02/26/18 | | blathering principal's office degenerate | 02/26/18 | | blathering principal's office degenerate | 02/26/18 | | fragrant theater stage pervert | 02/27/18 | | blathering principal's office degenerate | 02/27/18 | | blathering principal's office degenerate | 02/27/18 | | cerebral voyeur | 02/27/18 | | blathering principal's office degenerate | 02/28/18 | | blathering principal's office degenerate | 03/01/18 | | rebellious indian lodge useless brakes | 03/01/18 | | blathering principal's office degenerate | 03/04/18 | | blathering principal's office degenerate | 03/04/18 | | blathering principal's office degenerate | 03/04/18 | | blathering principal's office degenerate | 03/04/18 | | blathering principal's office degenerate | 03/04/18 | | blathering principal's office degenerate | 03/04/18 | | blathering principal's office degenerate | 03/04/18 | | blathering principal's office degenerate | 03/06/18 | | blathering principal's office degenerate | 03/06/18 | | blathering principal's office degenerate | 03/08/18 | | blathering principal's office degenerate | 03/08/18 | | blathering principal's office degenerate | 03/08/18 | | blathering principal's office degenerate | 03/08/18 | | blathering principal's office degenerate | 03/08/18 | | blathering principal's office degenerate | 03/13/18 | | blathering principal's office degenerate | 03/13/18 | | blathering principal's office degenerate | 03/13/18 | | blathering principal's office degenerate | 03/13/18 | | blathering principal's office degenerate | 03/13/18 | | blathering principal's office degenerate | 03/13/18 | | blathering principal's office degenerate | 03/13/18 | | blathering principal's office degenerate | 03/13/18 | | blathering principal's office degenerate | 03/13/18 | | Charcoal Elastic Band | 03/13/18 | | Bearded electric furnace | 03/24/18 | | rebellious indian lodge useless brakes | 03/24/18 |
Poast new message in this thread
Date: February 6th, 2018 7:49 AM Author: blathering principal's office degenerate
Firm Revenue RPL PPP Lawyers
Latham 3.06(8.5%) 1.26(1.5%) 3.25(1.5%) 2436(6.9%)
PaulWeiss1.30(6.5%) 1.3(2.2%) 4.56(4.2%) 1000(4.3%)
Gibson 1.64(2.3%) 1.29(-.6%) 3.24(-1.1%) 1275(2.9%)
Sidley 2.04(5.6%) 1.09(3.5%) 2.26(6%) 1873(2%)
Weil 1.39(9.8%) 1.24(6.3%) 3.64(17.8%) 1118(3.3%)
Debevoise 822(11.8%) 1.3(8.8%) 2.83(17.4%) 631(2.9%)
WhiteC 1.80(10.6%) 885(6.2%) 2.26(10.2%) 2039(4.2%)
Milbank 917(7.1%) 1.33(3%) 3.46(10.9%) 690(4%)
PaulHastings 1.12(4.1%) 1.21(4%) 2.91(11.5%) 921(NC)
KingSpa 1.14(7.7%) 1.13(7.5%) 2.61(5.5%) 1007(.2%)
Cooley 1.07(10.1%) 1.2(4.8%) 2.08(6.2%) 897(5%)
FriedFrank 635(14.1%) 1.29(2.2%) 2.94(16.9%) 491(11.6%)
Covington 946(12.8%)1.01(.4%) 1.54(4.5%) 941(12.3%)
Hogan 2.04(5.8%) 760(3%) 1.28(2.4%)
Dechert 978(6.8%) 1.05(5.6%) 2.69(5.6%) 928(1.3%)
V&E 727(11.3%) 1.18(9.2%) 2.36(16.5%) 615(1.8%)
Cahill 388(1.3%) 1.34(3.3%) 3.69(1.5%) 290(-2%)
Akin 1.04(6.1%) 1.21(6%) 2.39(13.5%) 858(.1%)
Shearman 971(.6%) 1.08(-.9%) 2.32(7%) 853(1.4%)
Goodwin 1.03(13.2%) 1.14(5.5%) 2.15(8.5%) 909(7.3%)
Winston 978(18.9%) 1.15(11.7%)2.16(18.4%) 849(6.4%)
OMM 738(1.7%) 1.12(-.3%) 2.01(3.1%) 660(1.9%)
MoFo 1.06(12.4%) 1.11(11.9%)1.74(23.3%) 960(.4%)
WSGR 797(5.6%) 1.07(6.2%) 2.21(12.3%) 746(-.5%)
Orrick 975(4.9%) 1.04(5.1%) 1.86(10.9%) 940(-.1%)
MayerBrown 1.32(4.2%) 836(5.3%) 1.58(8.8%) 1571(-.9%)
BakerBotts 732(-13.5%)1.02(-14.6%) 1.84(-25.4%) 717(1.3%)
Kramer 387(9.9%) 1.19(7.9%) 2.15(8.4%) 326(1.9%)
Fenwick 375(3.7%) 1.17(.3%) 1.51(1.5%) 321(3.5%)
Greenberg 1.48(7.2%) 760(4%) 1.63(5.6%) 1944(3.2%)
AP 951(NA) 1.00(NA) 1.2(NA) 950(NA)
CadWal 408(-9.7%) 1.09(6%) 2.51(18.6%) 373(-14.8%)
Alston 782(7%) 962(3%) 1.93(6.3%) 812(3.8%)
Jenner 449(-1.9%) 884(-5.9%) 1.42(-18.7%) 508(4.3%)
SheppardMullin 671(10.5%) 989(6.7%) 1.71(14.5%) 678(3.5%)
Crowell 419(-3.6%) 967(-2%) 1.12(-22.9%) 433(-1.6%)
Lowenst. 271(5.5%) 1.01(8.2%) 1.78(12.9%) 268(-2.2%)
Perkins 786(.6%) 833(-1.8%) 1.17(-.4%) 944(2.5%)
ReedSmith1.12(4.1%) 722(3.1%) 1.18(6%) 1550(.9%)
Holland 848(5.6%) 786(5.1%) 1.36(5.4%) 1079(.5%)
Venable 540(8.4%) 850(4.2%) 1.13(3.3%) 636(4.1%)
LockeLord504(-9.8%) 759(1.6%) 936(-1.7%) 664(-11.4%)
ArentFox 304(6.9%) 877(3.4%) 1.07(6.7%) 346(3.3%)
TK 212(-.7%) 758(-2.8%) 956(-2.9%) 280(2.6%)
NixonPeabody 473.7(3.4%) 787(6.4%) 1.11(13.4%) 602(-2.7%)
Bracewell279(.7%) 756(1.1%) 1.31(1.2%) 369(-.3%)
Barnes 395(6.9%) 747(7.5%) 905(6.8%) 529(-.6%)
HayBoo 398(6%) 730(6.6%) 957(3.1%) 545(-.4%)
BryanCave 593(-2.5%)700(.1%) 804(-6.9%) 847(-2.6%)
Duane 466(2.6%) 706(1.1%) 964(2.7%) 660(1.4%)
JacksonW 249(1.1%) 684(-2.5%) 942(-13.7%) 359(3.5%)
PepperHam342(-1.7%) 760(6%) 837(14.3%) 450(-7.2%)
Cozen 416(10.7%) 681(2.1%) 807(5.1%) 611(8.5%)
BallardSp353(3.4%) 685(6%) 638(5.6%) 516(-2.5%)
Polsinelli 475(8.2%)607(4.8%) 701(.9%) 783(3.3%)
Akerman 385(10.4%) 611(4.3%) 672(2.1%) 631(6.1%)
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35336806) |
Date: February 8th, 2018 12:18 AM Author: blathering principal's office degenerate Subject: Cooley
Cooley has delivered another strong year of financial growth, exceeding the $1 billion benchmark for gross revenue in 2017.
The firm saw that metric hit $1.07 billion last year, an increase of 10.1 percent from the $974 million that Cooley took in the year before. Revenue per lawyer rose 4.8 percent in 2017, to almost $1.2 million, while profits per equity partner jumped 6.2 percent, to $2.08 million.
https://www.law.com/americanlawyer/sites/therecorder/2018/02/07/cooleys-gross-revenue-crosses-billion-dollar-mark/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35352928)
|
Date: February 9th, 2018 10:14 AM Author: blathering principal's office degenerate Subject: Thompson Knight
The firm brought in $212,022,000 in revenue in 2017, up from $213,445,000 the year before. With a full-time equivalent of 280 lawyers, revenue per lawyer came in at $758,000, down 2.8 percent from $780,000 in 2016.
https://www.law.com/texaslawyer/sites/texaslawyer/2018/02/08/thompson-knight-saw-net-income-improve-gross-revenue-slip-in-2017/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35362079) |
Date: February 13th, 2018 10:12 AM Author: blathering principal's office degenerate Subject: Goodwin
In its fifth consecutive year of financial growth, Goodwin Procter’s gross revenue surged 13.2 percent, to $1.032 billion, in 2017, a record high for a firm that got its start more than 100 years ago in Boston.
And after dips last year in revenue per lawyer and profits per partner, Goodwin Procter saw both metrics grow by 5.5 percent and 8.5 percent, respectively, to $1.136 million and $2.151 million, in 2017.
https://www.law.com/americanlawyer/sites/americanlawyer/2018/02/13/a-good-year-at-goodwin-procter-as-firm-passes-1b-revenue-mark/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35392033)
|
Date: February 14th, 2018 11:12 AM Author: blathering principal's office degenerate Subject: Cadwalader
Profits per partner shot up by 18.6 percent to $2.51 million in 2017 as the equity partnership contracted by five partners to 40 partners, according to preliminary ALM reporting. Meanwhile, the firm’s revenue dropped 9.7 percent to $408.1 million, and overall lawyer head count dipped by about 15 percent, after the closure of three offices. Revenue per lawyer increased 6 percent to $1.09 million.
https://www.law.com/americanlawyer/sites/newyorklawjournal/2018/02/13/profits-soar-at-cadwalader-as-revenue-and-head-count-decline/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35400686) |
Date: February 14th, 2018 11:08 PM Author: blathering principal's office degenerate Subject: Gibson
Gibson, Dunn & Crutcher posted its 22nd straight year of revenue growth, earning more than $1.64 billion in 2017, while the firm’s net income also passed the $1 billion mark for the first time, according to preliminary ALM reporting.
Profits per equity partner, however, took a slight dip to $3.24 million as Gibson Dunn added a Houston office, expanded internationally and increased its head count.
https://www.law.com/americanlawyer/sites/americanlawyer/2018/02/14/gibson-dunn-posts-record-revenue-and-income-slight-drop-in-partner-profits/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35406598) |
Date: February 15th, 2018 12:50 PM Author: blathering principal's office degenerate Subject: MoFo
The Bay Area-based Am Law 100 firm pulled in $1.06 billion in gross revenue last year, a 12.4 percent increase from 2016, surpassing the firm’s previous record result by more than $50 million. Revenue per lawyer at the firm jumped 11.9 percent to $1.11 million, and profits per equity partner surged 23.3 percent to $1.74 million.
https://www.law.com/americanlawyer/sites/therecorder/2018/02/14/mofo-delivers-record-year-for-revenue-partner-profits/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35409518) |
Date: February 16th, 2018 9:58 AM Author: blathering principal's office degenerate Subject: WSGR
Wilson Sonsini Goodrich & Rosati saw its gross revenue rise 5.6 percent in 2017, to $797 million, double the percentage growth compared to the year prior.
While revenue per lawyer and profits per partner both dipped in 2016, the two figures were up last year at the Palo Alto-based firm. Wilson Sonsini’s revenue per lawyer climbed 6.2 percent, to $1.07 million, and profits per partner jumped 12.3 percent, to $2.21 million.
https://www.law.com/americanlawyer/sites/therecorder/2018/02/15/wilson-sonsinis-financial-growth-picked-up-in-2017/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35416066) |
Date: February 16th, 2018 9:59 AM Author: blathering principal's office degenerate Subject: Jackson Walker
The Dallas-based firm brought in $249,429,000 in gross revenue in 2017, compared with $246,647,000 in 2016, and $94,651,000 in net income¡ªdown from $105,882,000 the prior year.
Revenue per lawyer and profits per partner also declined. RPL was $694,000, down 2.5 percent from 2016¡äs $712,000, and PPP was $942,00, down 13.7 percent when compared with $1,092,000 the prior year.
https://www.law.com/americanlawyer/sites/texaslawyer/2018/02/15/jackson-walker-sees-10-percent-drop-in-2017-net-income-slight-increase-in-gross-revenue/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35416079) |
Date: February 17th, 2018 11:23 AM Author: blathering principal's office degenerate Subject: Pepper Hamilton
Pepper Hamilton saw revenue decline by 1.7 percent, from $347.5 million in 2016 to $341.8 million in 2017, as total head count shrank. But profits per equity partner increased by 14.3 percent in 2017, reaching $837,000 distributed among a smaller equity partnership. Partner profits are still shy of the $1 million mark the firm hit in 2015, meanwhile.
Revenue per lawyer was $760,000, up 6 percent from 2016. And net income, at $101.3 million, was up 4.9 percent.
https://www.law.com/americanlawyer/sites/thelegalintelligencer/2018/02/16/pepper-hamilton-revenue-down-1-7-percent-ppp-up-14-3-percent/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35424159) |
Date: February 21st, 2018 9:29 AM Author: blathering principal's office degenerate Subject: Arent Fox
The Washington-based firm increased revenue nearly 7 percentage points last year to $303.5 million, according to preliminary ALM reporting. Revenue per lawyer ticked up 3.4 percent, to $877,000, as the firm added 11 lawyers for a total attorney head count of 346.
Profits per partner rose 6.7 percent to $1.067 million. The size of the equity partnership remained unchanged at 100 partners, while the firm’s nonequity tier shed four partners, for 65 in all.
https://www.law.com/nationallawjournal/sites/nationallawjournal/2018/02/20/arent-fox-again-posts-gains-in-revenue-profits/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35451219) |
Date: February 21st, 2018 6:15 PM Author: blathering principal's office degenerate Subject: Mayer Brown
Mayer Brown had a record 2017, with revenue eclipsing the firm’s pre-recession highs for the first time and profits per equity partner rising 8.8 percent to $1.575 million.
Revenue at the Chicago-founded firm grew 4.2 percent in 2017 to $1.313 billion, according to preliminary ALM data. The firm’s lawyer and partner head count both narrowly declined, pushing revenue per lawyer up 5.3 percent over the prior year, to $836,000.
https://www.law.com/americanlawyer/2018/02/21/revenue-gains-propel-mayer-brown-past-pre-recession-record/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35455337) |
Date: February 22nd, 2018 12:32 PM Author: blathering principal's office degenerate Subject: Latham
Latham & Watkins last year became the world’s first law firm to exceed $3 billion in annual revenue, setting a new benchmark for the industry and erecting a new challenge for other firms looking to take Latham’s place at the top of the Am Law 100.
The global giant boosted its revenue by 8.5 percent to $3.064 billion in 2017, while profits per partner grew 6 percent to $3.25 million, according to preliminary ALM data. The results come on the heels of a strong 2016, when revenue rose 6.5 percent and PPP grew 5.3 percent.
https://www.law.com/americanlawyer/2018/02/22/latham-breaks-3-billion-barrier-after-another-banner-year/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35460938)
|
Date: February 22nd, 2018 4:04 PM Author: blathering principal's office degenerate Subject: Sheppard Mullin
The Los Angeles-based firm saw revenue rise 10.5 percent in 2017, to more than $671 million, according to preliminary reporting by ALM. Profits per partner at Sheppard Mullin rose nearly 15 percent, to $1.71 million, while revenue per lawyer grew 6.7 percent, to $989,000. Sheppard Mullin’s net income also soared in 2017, jumping 19.1 percent, to $221 million.
https://www.law.com/americanlawyer/2018/02/22/sheppard-mullin-posts-27th-straight-year-of-revenue-growth/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35462824) |
Date: February 22nd, 2018 10:54 PM Author: blathering principal's office degenerate Subject: Nixon Peabody
After a flat financial year in 2016, Nixon Peabody saw its bottom line grow 3.4 percent last year, to $473 million.
Revenue per lawyer at the firm, which as a result of a 1999 merger has its roots in Boston and Rochester, New York, grew 6.4 percent in 2017, to $787,000, up from $740,000 the year before. Profits per partner jumped 13.4 percent, to $1.1 million, up from $980,000 in 2016.
https://www.law.com/americanlawyer/2018/02/22/nixon-peabody-sees-partner-profits-surge/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35466293) |
Date: February 23rd, 2018 12:08 PM Author: blathering principal's office degenerate Subject: Hogan
Hogan Lovells has joined the $2bn club for the first time with a 5.8% rise in global revenues during 2017, with the transatlantic firm’s London base also boosting its top line.
Firmwide revenues grew to $2.036bn, a new record for the firm, while London saw a 4.2% increase to reach £292.6m, up from £280.7m last year.
Profits per equity partner (PEP) increased 2.4% to $1.28m, while revenue per lawyer ticked up almost 3% to just under $760,000, according to preliminary ALM reporting.
http://www.legalweek.com/sites/legalweek/2018/02/23/revenue-tops-2-billion-at-hogan-lovells-led-by-corporate-practice/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35469541) |
Date: February 23rd, 2018 2:28 PM Author: blathering principal's office degenerate Subject: Vinson & Elkins
Gross revenue at V&E came in at $727,475,000 in 2017, compared with $653,901 in 2016. Net income was $327,261,000 in 2017, compared with $288,327,000 the previous year.
Profits per partner totaled $2,361,000 in 2017, up 16.5 percent from $2,027,000 in 2016. And revenue per lawyer was $1,183,000 in 2017¡ªa 9.2 percent increase from 2016¡äs $1,083,000.
https://www.law.com/americanlawyer/2018/02/23/vinson-elkins-posts-second-consecutive-record-year-in-2017/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35470755) |
Date: February 26th, 2018 10:20 AM Author: blathering principal's office degenerate Subject: Greenberg Traurig
growth efforts as the firm’s gross revenue jumped 7.2 percent last year, to $1.477 billion.
Revenue per lawyer also grew 4 percent in 2017, to $760,000, up from $731,000 the year before. Profits per partner at the Miami-based firm, which celebrated its 50th anniversary last year, also grew 5.6 percent, reaching $1.634 million in 2017, up from $1.547 million the year prior.
https://www.law.com/americanlawyer/2018/02/25/greenberg-traurig-just-keeps-on-growing/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35489756) |
Date: February 26th, 2018 1:32 PM Author: blathering principal's office degenerate Subject: Weil
Weil, Gotshal & Manges saw a record year in 2017, with revenue reaching new heights and double-digit growth in profits per partner.
Gross revenue rose 9.8 percent to $1.39 billion, while profits per equity partner rose 17.8 percent to $3.64 million. Even as the firm’s attorney head count and equity partner ranks swelled, revenue per lawyer grew 6.3 percent to $1.24 million.
https://www.law.com/americanlawyer/2018/02/26/partner-profits-surge-18-percent-at-weil-gotshal-manges/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35491102)
|
Date: February 26th, 2018 3:44 PM Author: blathering principal's office degenerate Subject: Debevoise
The Am Law 100 firm’s gross revenue grew 11.8 percent last year, to $822 million, a record high for Debevoise. Profits per partner at the firm also hit a record high, jumping 17.4 percent in 2017, to $2.827 million, while revenue per lawyer grew 8.8 percent, to $1.304 million.
https://www.law.com/americanlawyer/2018/02/26/debevoise-hits-record-high-revenue-profits-per-partner/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35492262) |
Date: February 26th, 2018 3:44 PM Author: blathering principal's office degenerate Subject: Dechert
In what firm chair Andrew Levander called an “excellent” year, Philadelphia-based Dechert achieved record profits per equity partner and revenue per lawyer in 2017, with RPL surpassing $1 million for the first time.
Gross revenue reached $977.9 million, an increase of 6.8 percent over 2016. Revenue per lawyer was $1.054 million, up 5.6 percent, and PPP grew 5 percent, to $2.7 million.
https://www.law.com/americanlawyer/2018/02/26/dechert-sees-revenue-and-partner-profits-climb/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35492271) |
Date: February 27th, 2018 6:27 PM Author: blathering principal's office degenerate Subject: Cahill
Due to strong performances by Cahill’s corporate, capital markets and lending practices, the firm’s gross revenue grew 1.3 percent in 2017, to $387 million, up from $382 million in 2016. Revenue per lawyer grew 3.3 percent, to $1.34 million, while profits per partner increased 1.5 percent, to $3.69 million.
https://www.law.com/americanlawyer/2018/02/27/despite-dip-in-head-count-cahill-gordon-posts-profit-highs/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35501100) |
Date: February 27th, 2018 6:27 PM Author: blathering principal's office degenerate Subject: Venable
Gross revenue at the firm grew 8.4 percent last year, reaching nearly $540.5 million. Revenue per lawyer increased more than 4 percent, to $850,000, and profits per partner ticked up more than 3 percent to $1.134 million. The firm added 25 lawyers overall and expanded its equity partnership by one partner.
https://www.law.com/americanlawyer/2018/02/27/venable-keeps-up-steady-growth-as-revenue-profits-rise/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35501104) |
Date: February 28th, 2018 10:14 AM Author: blathering principal's office degenerate Subject: Reed Smith
Reed Smith saw gains in both revenue and partner profits in 2017, as the number of lawyers at the firm and the size of the equity partnership remained nearly unchanged.
Revenue at the Pittsburgh-based international firm grew by 4.1 percent last year, reaching $1.12 billion. Revenue per lawyer was up 3.1 percent, to $722,000.
Profits per equity partner grew by 6 percent, reaching $1.18 million, as net income increased by 7.1 percent to $350.6 million.
https://www.law.com/americanlawyer/2018/02/28/reed-smith-grows-revenue-profits-as-head-count-stays-flat/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35504907) |
Date: March 1st, 2018 6:15 PM Author: blathering principal's office degenerate Subject: AP
Annual revenues approached $1 billion in 2017, and the firm is preparing to invest in its offices outside the East Coast corridor between D.C. and New York.
“Generally we’re pleased with where we are the first year after the combination,” said firm chairman Richard Alexander. “The combination needs to be measured not after one year, but long term [to] what we’re trying to accomplish.”
Arnold & Porter Kaye Scholer recorded $951.5 million in revenue in 2017, about $7 million more than the firms’ combined revenues in 2016. Arnold & Porter notched $624 million in revenue in 2016 and Kaye Scholer counted $320 million in 2016, according to ALM data.
https://www.law.com/americanlawyer/2018/03/01/arnold-porter-sees-progress-on-revenue-profits-after-kaye-scholer-deal/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35516638) |
Date: March 4th, 2018 2:10 PM Author: blathering principal's office degenerate Subject: OMM
O’Melveny & Myers posted modest gains in revenue and partner profits in 2017, with profits per partner exceeding $2 million for the first time. The firm’s top line growth cooled somewhat from the two prior years even as head count continued to expand last year.
Gross revenue at the Los Angeles-based firm increased 1.7 percent, reaching $738 million in 2017. Profits per partner saw a 3.1 percent increase from 2016, reaching $2.01 million. Net income dropped by 1.6 percent, from $340.9 million to $335.4 million last year.
https://www.law.com/americanlawyer/2018/03/02/revenue-inches-up-at-omelveny-as-partner-profits-top-2m/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35532662)
|
Date: March 4th, 2018 2:11 PM Author: blathering principal's office degenerate Subject: Paul Hastings
Paul Hastings posted its sixth year of continuous growth, reaching new financial heights in 2017.
Propelled by strong performances coming from its investigations and white-collar, intellectual property, financial services, and private equity practices, gross revenue grew 4.1 percent to $1.12 billion.
And while head count at the firm remained unchanged from 2016, revenue per lawyer increased 4 percent to $1.21 million, and profits per partner jumped 11.5 percent from $2.61 million to $2.91 million.
https://www.law.com/americanlawyer/2018/03/02/gross-revenue-profits-per-partner-hit-new-highs-at-paul-hastings/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35532670)
|
Date: March 4th, 2018 2:11 PM Author: blathering principal's office degenerate Subject: Baker Botts
Baker Botts‘s gross revenue dropped 13.5 percent and its net income fell 24.3 percent in 2017—a year after the firm posted record results boosted by big contingency fees.
“Last year, we had a once-in-a-blue-moon result, said Andrew Baker, the firm’s managing partner. “This is strong, steady growth.”
In 2016, gross revenue improved by 20.2 percent compared with 2015, and net income jumped 44.5 percent compared with the prior year. Baker Botts said those results were due in part to a 2016 windfall from contingency fees. It did not reveal the source of the fees but multiple news outlets reported that it received a significant fee connected to a $755 million Vivendi SA settlement with Liberty Media.
https://www.law.com/americanlawyer/2018/03/02/baker-botts-posts-big-drop-in-revenue-and-income-in-2017-following-year-of-big-contingency-fees/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35532674) |
Date: March 4th, 2018 2:12 PM Author: blathering principal's office degenerate Subject: Jenner Block
Two years removed from one of the strongest two-year financial runs among Am Law 100 firms, Jenner & Block last year saw its second straight year of flat-to-down financial performance.
Revenue at the Chicago-based firm, known for its top-tier litigation practice, dropped 1.9 percent in 2017 to $448.7 million. Profits per partner tumbled nearly 19 percent to $1.4 million.
The fall in PPP stemmed in part from expenses related to a surge in the firm’s nonequity partner ranks, which rose about 14 percent to 117 partners last year. Compensation of nonequity partners rose 27 percent from the year prior.
https://www.law.com/americanlawyer/2018/03/02/jenner-revenue-slips-profits-fall-amid-investments-in-talent/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35532678) |
Date: March 4th, 2018 2:12 PM Author: blathering principal's office degenerate Subject: Shearman
While its gross revenue barely budged last year, Shearman & Sterling was able to lift its equity partner profits in 2017 about 7 percent.
Shearman leaders said the main drivers in profitability growth were the firm’s “business mix,” and that its strategy is aimed toward growing disproportionately in the United States with corporate clients.
In a signal of these efforts, the firm announced on Thursday that it is moving into Texas—a development that has been in the works for several weeks.
In 2017, gross revenue rose 0.6 percent to $917.5 million. Profits per equity partner increased 7 percent to $2.3 million on an 8.6 percent rise in net income.
https://www.law.com/americanlawyer/2018/03/01/shearman-sees-profits-rise-as-revenue-stays-steady/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35532681) |
Date: March 4th, 2018 2:13 PM Author: blathering principal's office degenerate Subject: Cozen
As Cozen O’Connor continued to aggressively add partners and established an office in Pittsburgh, the firm managed to grow revenue by double digits in 2017, beating its own projections.
Cozen O’Connor posted gross revenue of $416 million in 2017, an increase of 10.7 percent from the year before. Revenue per lawyer increased by 2.1 percent, to $681,000.
Profits per equity partner reached $807,000, rising 5.1 percent, with net income up 11.1 percent to $143.9 million.
https://www.law.com/americanlawyer/2018/03/01/cozen-oconnor-grows-revenue-profits-amid-extended-hiring-spree/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35532687) |
Date: March 4th, 2018 2:13 PM Author: blathering principal's office degenerate Subject: Holland
Holland & Knight’s steady growth continued in 2017 as the Am Law 100 firm’s top line hit $848 million, up 5.6 percent from the $803 million in gross revenue it took in the year prior.
Revenue per lawyer grew 5.1 percent, to $786,000, while profits per partner grew 5.4 percent, to $1.360 million, up from $1.29 million in 2016. Overall head count at Holland & Knight remained mostly flat at 1,079, and the number of equity partners dipped 3.2 percent, to 179.
https://www.law.com/americanlawyer/2018/03/01/steady-growth-continues-at-holland-knight/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35532689) |
Date: March 6th, 2018 9:54 AM Author: blathering principal's office degenerate Subject: Bryan Cave
The St. Louis-based Am Law 100 firm saw gross revenue dip 2.5 percent, to $592.6 million, as profits per equity partner fell nearly 7 percent, to $804,000. Revenue per lawyer remained flat at $700,000. Bryan Cave’s top-line figure has fallen four straight years by a total of 7.8 percent since it topped out at $643 million in fiscal 2013.
https://www.law.com/americanlawyer/2018/03/05/bryan-cave-finances-dip-ahead-of-trans-atlantic-deal/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35545274) |
Date: March 6th, 2018 9:55 AM Author: blathering principal's office degenerate Subject: Perkins Coie
Perkins Coie posted record gross revenue and net income in 2017, while profits per equity partner remained flat at $1.173 million and revenue per lawyer dipped by less than 2 percent, according to preliminary ALM reporting.
The firm’s gross revenue came in just shy of $786 million in 2017, less than 1 percent higher than the prior year’s results. Perkins Coie’s net income in 2017 grew 1.4 percent over the prior year to $149.36 million. Those increases, while modest, bring both of the figures to their highest-ever level, said Perkins Coie managing partner John Devaney.
https://www.law.com/americanlawyer/2018/03/05/revenue-up-partner-profits-flat-at-perkins-coie/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35545280) |
Date: March 8th, 2018 10:07 AM Author: blathering principal's office degenerate Subject: HayBoo
Boosted by strong demand in multiple practice areas, Haynes and Boone posted record gross revenue of nearly $400 million in 2017— up 6 percent compared with 2016, while its net income improved by 4.1 percent year-over-year.
The firm’s gross revenue totaled $397,500,000 in 2017, compared with $375,000,000 in 2016. Net income came in at $127,245,000 in 2017, up from $122,200,000 the year before.
Revenue per lawyer was $730,000 in 2017, up 6.6 percent when compared with $685,000 in 2016. And profits per partner totaled $957,000, up 3.1 percent when compared with $928,000 the year before.
https://www.law.com/americanlawyer/2018/03/07/revenue-income-improve-at-haynes-and-boone-in-2017/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35560536) |
Date: March 8th, 2018 10:08 AM Author: blathering principal's office degenerate Subject: Fenwick & West
After a slight dip in 2016, Fenwick & West’s financial growth bounced back up last year, as the firm hit a record high for gross revenue.
That metric rose 3.7 percent in 2017 to $374.9 million, while profits per partner inched up 1.5 percent to $1.51 million. Revenue per lawyer at Fenwick & West, a firm known for letting some of those in its employ work in far-flung locales, remained mostly flat last year at $1.17 million.
“Our razor-sharp focus in the technology and life sciences space has been key as our clients succeed and grow rapidly,” said Fenwick chairman Richard Dickson, who took over as head of the firm in 2014. “[As those industries] become an increasingly important contributor to the economy overall, that has fueled our extraordinary growth over the past several years.”
https://www.law.com/americanlawyer/2018/03/06/fenwick-west-bounces-back-with-record-high-revenue/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35560543) |
Date: March 8th, 2018 10:08 AM Author: blathering principal's office degenerate Subject: King & Spalding
King & Spalding is not resting on its laurels.
The firm reported revenue of $1.14 billion last year, a 7.7 percent increase over 2016, and net income of $505.1 million, up 4.3 percent.
That pushed up average revenue per lawyer (RPL) by 7.5 percent to $1,131,000. Average profit per equity partner (PPP) jumped by 5.5 percent to $2,605,000, breaking the $2.5 million mark for the first time.
https://www.law.com/americanlawyer/2018/03/06/king-spalding-stays-in-growth-mode-as-partner-profits-top-2-5m/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35560545) |
Date: March 8th, 2018 10:09 AM Author: blathering principal's office degenerate Subject: Covington
Covington & Burling grew its gross revenue by more than $100 million last year while opening new offices in United Arab Emirates and South Africa.
According to preliminary ALM data, gross revenue jumped nearly 13 percent in 2017, reaching $945.5 million. Profits per partner rose 4.5 percent to more than $1.5 million. Revenue per lawyer increased by less than 1 percent to $1,005,000 as Covington added more than 100 total lawyers, boosting its head count 12.3 percent over 2016.
https://www.law.com/americanlawyer/2018/03/06/covington-posts-double-digit-growth-in-revenue-head-count/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35560549) |
Date: March 8th, 2018 10:09 AM Author: blathering principal's office degenerate Subject: Akerman
Akerman last year continued its seven-year streak of record financial growth as gross revenue rose 10.4 percent, to $385.2 million, and profits per equity partner rose 2.1 percent to $672,000, according to preliminary data by The American Lawyer.
The Florida-based Am Law 100 firm has been among the fastest-growing firms in the country since 2011, with revenue and head count rising 63 percent and 42 percent, respectively, during that timeframe. The 98-year-old Akerman has earned revenue and net income records seven years in a row.
https://www.law.com/americanlawyer/2018/03/06/akermans-7-year-growth-record-stays-alive-as-revenue-rises-10-percent/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35560551) |
Date: March 13th, 2018 11:43 AM Author: blathering principal's office degenerate Subject: Fried Frank
After posting its best-ever financial year in 2016, Fried, Frank, Harris, Shriver & Jacobson enjoyed another record-breaking performance last year.
In its third consecutive year of growth in several key financial metrics, the firm saw gross revenue rise 14.1 percent in 2017, to $634.9 million, up from $556 million the year before. Revenue per lawyer rose 2.2 percent, to $1.29 million, while its profits per partner jumped nearly 17 percent, to $2.94 million.
https://www.law.com/americanlawyer/2018/03/12/fried-franks-gross-revenue-hits-a-record-high/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35594646) |
Date: March 13th, 2018 11:44 AM Author: blathering principal's office degenerate Subject: Orrick
Fueled by the lateral hiring spree it invested in the prior year, Orrick, Herrington & Sutcliffe saw its revenue grow 4.9 percent in 2017, to $974.6 million. Meanwhile, the firm’s net income jumped 11.5 percent last year, to $219.6 million.
Orrick also saw revenue per lawyer rise 5.1 percent, to $1.04 million. The firm’s average profit per equity partner increased by 10.9 percent, from $1.68 million in 2016 to $1.86 million last year.
https://www.law.com/americanlawyer/2018/03/12/orrick-posts-double-digit-growth-in-income-partner-profits/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35594649) |
Date: March 13th, 2018 11:46 AM Author: blathering principal's office degenerate Subject: Winston
Winston & Strawn chairman Thomas Fitzgerald predicted late last year that 2017 would be the “best year the firm has ever had.” He was right.
From a financial perspective, Winston & Strawn grew gross revenue by nearly 19 percent, to $978.5 million, as profits per partner at the firm topped $2 million for the first time, growing 18.4 percent, to $2.16 million. Revenue per lawyer jumped 11.7 percent, to $1.15 million.
From a recruiting perspective, Winston & Strawn has added 90 lateral partners in the past 14 months through February. Head count grew 6.4 percent last year, to 849 lawyers.
https://www.law.com/americanlawyer/2018/03/12/winston-strawns-record-year-sees-revenue-rise-19-percent/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35594674) |
Date: March 13th, 2018 11:47 AM Author: blathering principal's office degenerate Subject: Alston
Alston & Bird posted another strong year in 2017, besting its 2016 gains in revenue and profit while steadily increasing head count.
The firm reported an increase of 7 percent in revenue, to $781.8 million, and a 10.7 percent rise in net income, to $295.2 million.
The gains boosted revenue per lawyer (RPL) by 3 percent to $962,000. Profit per equity partner (PPP) jumped 6.3 percent to $1,926,000—just shy of the $2 million mark.
https://www.law.com/americanlawyer/2018/03/12/alston-bird-racks-up-big-gains-in-revenue-profit/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35594678) |
Date: March 13th, 2018 11:47 AM Author: blathering principal's office degenerate Subject: Barnes
Something else is becoming predictable at Barnes & Thornburg. It has set revenue records for 19 straight years dating back to 1999, the latest year data is available from The American Lawyer.
Last year, gross revenue at the Indianapolis-based Am Law 100 firm grew nearly 7 percent, to $395.5 million, as profits per equity partner also rose 6.8 percent, to $905,000, according to preliminary data for the Am Law 100. Revenue per lawyer grew 7.5 percent, to $747,000, as head count at Barnes & Thornburg stayed basically flat at 529 lawyers.
https://www.law.com/americanlawyer/2018/03/09/barnes-thornburg-budgeting-push-pays-off-in-record-revenue/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35594682) |
Date: March 13th, 2018 11:47 AM Author: blathering principal's office degenerate Subject: Kramer
Kramer Levin Naftalis & Frankel posted a second consecutive year of record financial results in 2017, earning a gross revenue of $387 million as its profits per equity partner exceeded $2 million for the first time, according to preliminary ALM reporting.
The firm’s gross revenue of $387 million marks a 9.9 percent increase over the $352 million posted in 2016. The firm’s net income also grew 9.9 percent, rising to $152.76 million in 2017 from $138.95 million in 2016.
https://www.law.com/americanlawyer/2018/03/09/kramer-levin-financials-again-hit-record-high/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35594687) |
Date: March 13th, 2018 11:48 AM Author: blathering principal's office degenerate Subject: Bracewell
Strong demand in many practice areas led to gross revenue of $278.7 million for the Houston-based firm in 2017, up 0.7 percent when compared with $276.8 million in 2016. Net income came in at $90.05 million, up 2.7 percent when compared with $87.6 million the prior year.
Revenue per lawyer was $756,000, an increase of 1.1 percent when compared with $748,000 in 2016. And profits per partner were $1.3 million, up 1.2 percent compared with $1.29 million the year before.
https://www.law.com/americanlawyer/2018/03/09/bracewells-financials-edged-higher-in-2017/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35594690) |
Date: March 13th, 2018 11:48 AM Author: blathering principal's office degenerate Subject: Duane
The firm grew revenue 2.6 percent in 2017, reaching $466 million. Revenue per lawyer was up 1.1 percent, to $706,000.
The firm grew profitability at a similar pace. Profits per equity partner increased by 2.7 percent, to $964,000 and net income was up 2.7 percent, to $117.1 million.
The firm saw total lawyer head count increase by 1.4 percent, to 660 lawyers, while the size of the equity partnership was unchanged at 122 partners.
https://www.law.com/americanlawyer/2018/03/08/duane-morris-revenue-profits-inch-up-for-record-year/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35594699)
|
Date: March 13th, 2018 11:49 AM Author: blathering principal's office degenerate Subject: Polsinelli
Polsinelli took in revenue of more than $475 million in 2017, surpassing its prior-year results by more than 8 percent, according to preliminary ALM reporting. Meanwhile, the firm’s profits per equity partner nudged up less than 1 percent as the firm continued to expand its roster of lawyers.
The $475.09 million that Polsinelli posted in gross revenue came alongside a net income of $89.8 million in 2017—a 6.8 percent increase over 2016. Revenue per lawyer at the 783-attorney firm came in at $607,000—4.8 percent higher than the prior year, while profits per partner were $701,000. The PPP figure constituted a 0.9 percent increase compared with 2016.
https://www.law.com/americanlawyer/2018/03/08/polsinelli-posts-positive-financials-and-an-increased-headcount/
(http://www.autoadmit.com/thread.php?thread_id=3884720&forum_id=2#35594705) |
|
|