Sentences with phrase «annual profits per partner»

As one of the fastest growing areas and increasingly lucrative areas of legal practice, it explains why some of the world's most profitable firms — Kirkland and Ellis (annual profits per partner $ 4.1 m), Quinn Emanuel ($ 5m), and Slaughter and May ($ 3.6 m)-- are now taking a slice of the available pie.

Not exact matches

Dentons» decision to cease publication of its annual profits per equity partner (PEP) has its backers within the legal profession: according to a survey of partners, just under half think financial transparency is «irrelevant» to anyone outside the firm itself.

An annual institution, the report analyzes the 2012 financial year and ranks United States - based law firms by overall revenue, number of attorneys, profits per partner, and various other measures.

In simplified fashion, let's say our hypothetical law firm has $ 100 million in annual revenues ($ 8.33 million per month); an operating margin — or profit — of 36 percent of annual revenues, which are distributed at 55 percent of forecast to partners each month, plus a year - end distribution; no debt other than its revolving credit line; and $ 5 million in monthly operating expenses.

Average profits per equity partner at Maclays now stands at # 315,000 - a 15 % increase on the # 275,000 recorded last year, when the firm released its full annual results for the first time.

1 / Dentons opted not to provide its profit - per - equity partner figures to American Law in 2014 when the magazine was compiling its annual rankings

While the top - tier firms prospered, the annual American Lawyer list found that three - quarters of the 100 firms expanded at a slower growth rate, with average profit per partner inching up just 0.2 percent, to $ 1.47 million.

Small law firms saw profits per equity partner fall 24 % as the recession hit, according to the Law Society Law Management Section's annual profitability survey.