Sentences with phrase «partner head count»

Dentons ranked No. 4 overall in Law360's 2015 Largest Practice Groups Report, the annual ranking of the largest 100 US firms by global partner head count.

In the end, with the departures and retirement, equity partner head count rose by just five people.

In three cases, profitability rose in part because partner head count declined.

Weil's equity partner head count declined by 4.1 percent, which contributed to a profits per partner surge of 8 percent last year, our reporting showed.

Of the six, only two — Paul, Weiss and Simpson Thacher — lifted both profitability and equity partner head count.

Leverage — the ratio of all lawyers (minus equity partners) to equity partners — likewise increased at all the firms where partner head count fell.

Not exact matches

But there's a second factor: Not only did demand drop but firms failed to adjust their hiring policies, resulting in a surge in head count which couldn't be sustained without partner profits taking a hit.

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.

Its gross revenue has grown 57 percent since fiscal 2013, while its head count increased 28 percent and its profits per partner rose 43 percent.

But firms whose lawyer head count, including partners, dropped in 2013, in most cases saw a rise in per - partner profits.»

Seville - Jones says the dip in head count and equity partners ranks was not the result of the firm actively thinning its ranks.

But because net income grew — and because all the head count growth came in the associate ranks — profits per partner continued to rise.

As for other key financial metrics, the firm's overall attorney head count decreased by 1.8 percent, or five lawyers, its revenue per lawyer jumped 5.8 percent to $ 640,000, and its profits per partner rose 3.8 percent to $ 680,000.

In May, DLA Piper became the world's largest firm by attorney head count after completing a merger with former Down Under alliance partner DLA Phillips Fox, and British firm Holman Fenwick Willan opened a third Australian office in Perth.