Sentences with phrase «profits per partner decline»

With several major matters settling on one hand and the firm investing in expansion on the other, Kasowitz Benson Torres & Friedman saw both its gross revenue and its profits per partner decline in 2011, according to reporting by The American Lawyer.

With several major matters settling on one hand and the firm investing in expansion on the other, Kasowitz Benson Torres & Friedman saw both its gross revenue and profits per partner decline in 2011, according to reporting by The American Lawyer.

Gross revenues grew less than 2 % to about $ 860m (# 610.7 m), while revenue per lawyer stayed level at $ 1.03 m (# 731,000), and profits per partner declined 3.7 % to $ 1.834 m (# 1.32 m).

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.

When The American Lawyer released its Am Law 100 report last week, many noticed a correlation between increased PPP (profits per partner) on the one hand and the decline in the number of equity partners and growth in the category of non-equity partners on the other.

The firm is yet to provide profit figures for the past financial year, and last year declined to provide a figure for profit per equity partner.

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.

Overall profits per partner were up by 3.1 % but the growth was not evenly distributed, with mid-sized firms actually experiencing a decline of 0.4 % reflecting growing market segmentation

A year after posting declines in both revenue and profits, Baker & McKenzie more than regained lost ground this past financial year, reporting an 8 % increase in firm revenues and a 13 % surge in profits per equity partner.

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.

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.