Sentences with phrase «in revenue per lawyer»

Our sample of 15 especially highly reputed firms (including the likes of Cravath, Skadden, and Sullivan) experienced an average increase of only 2.9 % in revenue per lawyer over the 5 - year period from 2007 - 12.

The firm also posted the largest gain in revenue per lawyer with a 15.2 percent increase over its 2007 numbers to $ 870,000.

While O'Melveny's gross revenue essentially remained flat by declining less than 1 percent to $ 779 million, profits per partner jumped 13.1 percent to $ 1.73 million, and revenue per lawyer rose 10.2 percent to $ 1.02 million — the first time the firm has broken the $ 1 million mark in revenue per lawyer.

Because the firm's head count grew more rapidly than its revenue did in 2011, Curtis saw a decline in revenue per lawyer of nearly 8 percent to $ 530,000.

The revised parameters — at least $ 500,000 in profits per lawyer and $ 1.1 million in revenue per lawyer — yielded 29 law firms this year, up from 24 last year.

Citing a weak second half and aggressive lateral investment, Shearman & Sterling posted a slight gain in gross revenue, a slight dip in revenue per lawyer, and stagnant profits per partner, according to The American Lawyer's reporting.

But that average gain of 1.2 %, coupled with similar increases in revenue per lawyer and profits per equity partner, masked some weakness in many firms» results.

The dip in revenue per lawyer was a product of the associate ranks growing by more than 6 percent, as the firm welcomed back deferred associates from the summer class of 2009, and built a team of some 18 lawyers around two Hong Kong law partners who moved over from O'Melveny in 2010.

Head count at law firms has exceeded the growth in revenues per lawyer — which can begin to take a bite out of profits.

As an example, in 2014, King & Wood Mallesons's recorded more than $ 500,000 in revenues per lawyer.

Not exact matches

After what the firm described as a «solid» 2016, Reed Smith held profits per equity partner (PEP) and revenue per lawyer (RPL) steady amid declines in headcount and overall revenue.

Altogether, the group could bring $ 20 - 25m (# 15 - 20m) in business for Cooley, which had revenue per lawyer surpassing $ 1.1 m (# 850,000) last year.

But because of growth in head count and a drop in demand, particularly in the corporate and finance sectors, profits per partner (PPP) fell by 4.3 percent, to an average of $ 1.26 million, and revenue per lawyer (RPL) dropped 1.2 percent, to $ 818,000.

Average growth, meanwhile, was almost on a par with that seen in 2007 - 08 — shortly before Lehman's crash — and revenue per lawyer figures based on these pre-audited results indicated that firms» cost - cutting initiatives were bearing fruit.

DLA's gross revenue rose 2.5 % in the last fiscal year, to a new high of $ 2.54 bn, while average revenue per lawyer inched up 0.7 %, to $ 675,000.

MacEwen suggests a variety of financial metrics, including revenues or profits per lawyer or one -, three - or five - year growth in revenue, percentage of revenues from longtime clients.

Mayer Brown saw modest growth in 2015, with gross revenue increasing 2.8 % to $ 1.257 billion (# 889m), while revenue per lawyer inched up 1.2 % to $ 835,000 (# 590,000).

After a down year in 2010, Shearman & Sterling saw profits per partner hold steady at roughly $ 1.56 million in 2011, while its gross revenue inched up less than 2 percent to $ 750 million and its revenue per lawyer ticked down less than 3 percent to $ 900,000, according to The American Lawyer's reporting.

Two - thirds of firms participating in the survey report increases in gross revenue, revenue per lawyer and profits per equity partner in 2014.»

Bingham saw City revenues rise by 11 % during the last calendar year to $ 54.7 m (# 36.6 m) compared with $ 49.1 m (# 32.9 m) in 2011, with around 50 lawyers clocking up average revenue per lawyer of $ 1.158 m (# 776,000), compared to firmwide revenue per lawyer of $ 969,000 (# 649,800).

Revenue per lawyer increased slightly, from $ 1.255 m (# 1.01 m) in 2015 to $ 1.275 m (# 1.03 m) in 2016.

The A-List is comprised of firms who score highest in the following categories: revenue per lawyer, pro bono, associate satisfaction, and diversity.

For example, in the Aerospace and Defense category, the listed companies average 4 lawyers per billion dollars in revenue.

While developing strategies to cope with the recession, managing partners and executive committees must deal with is to understand their partners» expectations so that the former may develop and begin to implement strategies to reduce costs and enhance the volume of profitable business which, in turn, leads to increased revenue per lawyer and profits per partner.

For lawyers charging $ 250 per hour, that equals $ 30,500 in lost revenue annually.

Davis Polk's gross revenue increased 2.8 percent in 2010 to $ 870 million, while profits per partner at the 745 - lawyer firm rose 5 percent to $ 2.2 million.

According to The Am Law 100, Curtis only reached the milestones of $ 100 million in gross revenue in 2006, 200 lawyers in 2007, and $ 1 million in profits per partner in 2008.

While developing strategies to cope with the lagging demand for legal services, lawyer management must understand their partners» expectations so that the former may develop and begin to implement strategies to reduce costs and enhance the volume of profitable business which, in turn, leads to increased revenue per lawyer and profits per partner.

Says Butwin: «This was a business - driven increase in profits per partner and revenue per lawyer.»

Debevoise's revenue per lawyer surged 7.2 percent to $ 1.05 million — a jump largely explained by a 3.9 percent drop in head count that saw the firm lose 26 lawyers.

Though it posted new records in net income, revenue per lawyer, and profits per partner, Bingham McCutchen saw its 15 - year topline growth streak end in 2011 as gross revenue fell 0.5 percent to $ 868.5 million, according to reporting by The American Lawyer.

Revenue per lawyer in 2009 was $ 650,000.

While developing strategies to cope with the recession, managing partners and executive committees must understand their partners» expectations so that the former may develop and begin to implement strategies to reduce costs and enhance the volume of profitable business which, in turn, leads to increased revenue per lawyer and profits per partner.

Arent Fox, bolstered by a strong year in the firm's intellectual property, civil litigation and government contracts practices, saw revenue per lawyer increase 2.7 percent to $ 750,000 in 2012 and profit per partner rise to $ 850,000, a 2.4 percent increase over last year, our reporting shows.

Surveys show, nonetheless, that lawyers per billion Euro of revenue stand as high in Europe as they do in the US, so the absence of the privilege hasn't deterred companies from hiring in - house.

lawyer and current information services partner at KPMG Canada, figures many firms have all the data they need, like: type of client (e.g. industry, size, annual revenues, number of matters per year); matter type (e.g. transaction, litigation); types of opponents in litigation; and so forth.

In a clean sweep of rising financials, DLA's U.S. revenue per lawyer (RPL) was up 8 percent to $ 879,000, while its profit margin climbed 3 percent to a three - year high of 29 percent.

Revenue per lawyer (RPL) and profits per equity partner (PPP) fell only about 5 percent, due to cuts in the firm's lawyer ranks.

The importance of leading the local market on trainee and junior lawyer salaries will have to be balanced with the fact that Burges Salmon has been feeling a bit more pressure of late amid a small decline in revenue from # 87.4 million to # 87 million and a 16 % drop in profit per equity partner from # 523,000 to # 438,000 in what managing partner Peter Morris has described as a «challenging» financial year.

In part because of the expense required to integrate lateral hires into the firm, Winston's revenue per lawyer declined 1.2 percent to $ 815,000 last year.

In 2008, though firm lawyers logged thousands of hours in hectic bail - out related work, especially in the last quarter, the firm's revenue was flat and average profits per equity partner fell 17 percenIn 2008, though firm lawyers logged thousands of hours in hectic bail - out related work, especially in the last quarter, the firm's revenue was flat and average profits per equity partner fell 17 percenin hectic bail - out related work, especially in the last quarter, the firm's revenue was flat and average profits per equity partner fell 17 percenin the last quarter, the firm's revenue was flat and average profits per equity partner fell 17 percent.

We can't know in advance what true quality and price will look like, but we do know in advance that the firm will do everything possible to maintain its revenue per lawyer and profit per partner numbers in any given period.

The American Lawyer has ranked Paul, Weiss third in its annual «A-List,» which ranks firms based on their revenue per lawyer, pro bono commitment, associate satisfaction, racial and gender diversity, and the percentage of female...