Not exact matches
The performance at a
profit per equity
partner (PEP) level showed a
decrease in the smaller firms.
Dewey & LeBoeuf saw a dramatic drop in gross revenue in 2009 while
profits per equity
partner moved up 3.4 percent, the result of a 10 percent
decrease in equity
partner headcount, according to numbers released by the firm Friday.
Lovells's revenues jumped 11 percent from the previous year to # 531 million ($ 984.7 million);
profits per equity
partner were # 585,000 ($ 1.08 million), representing an 11 percent
decrease from the previous year.
Revenue at the national player dropped to # 104m from # 107m, a 3 %
decrease, while
profit per equity
partner also fell to # 275,000, down 3 % from last year's reported figure of # 284,000.
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.