Sentences with phrase «profits per partner growth»

With revenue growth near 12 percent and profits per partner growth of close to 14 percent last year, Latham & Watkins blew past its previous high - water mark for revenue, and roughly matched its prerecession record for profitability, according to reporting by The American Lawyer.

Not exact matches

Travers Smith has reported revenue growth of 13 % and an increase in profit per equity partner (PEP) of 8 % for the year ended 30 June 2016.

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.

I've seen the profession swing from the giddy, extravagant days of $ 1,000 / hour billing rates and $ 2 million profits per partner to its current morass of massive layoffs, pathetic efforts to stem the breach in the dike by cutting back on luxury toilet paper purchases and ABA bar dues and the growth of offshoring legal contract work to India.

DWF has broken through the # 200m barrier with revenue growth of 7.6 % against a 9.8 % drop in profit per equity partner (PEP).

Allen & Overy (A&O) has eclipsed its peers with double - digit growth in both revenue and profit per equity partner (PEP) that outstrips its closest rivals by some distance.

Braithwaite has overseen a solid period of growth during his ten - year tenure as managing partner with the firm recording a 14 % rise in average profits per equity partner last year to hit # 366,000, with the firm's fee income standing at # 56m.

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.

Allen & Overy (A&O) has posted double - digit growth across all key metrics after a standout year in which revenue and profit per equity partner (PEP) rose to record levels.

Weil Gotshal & Manges enjoyed a record year in 2017, with revenue reaching new heights, profits per equity partner (PEP) seeing double - digit growth and London turnover surging by 33 %.

Braithwaite has overseen a solid period of growth during his tenure as managing partner with the firm recording a 14 % rise in average profits per equity partner last year to hit # 366,000, with the firm's fee income standing at # 56m.

Maclays also demonstrated further growth in its 2006 - 07 results with average profits per equity partner breaking the # 300k barrier, rising by 15 % from # 275,000 last year to # 315,000 this year, while Brodies announced a turnover rise of 43 % to # 30m and gross profits up 33 % to # 11.6 m.

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

The firm reported steady growth across the board, with gross revenue increasing almost 10 percent and profits per partner rising 7.2 percent, according to reporting by The American Lawyer.

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

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.

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.

Now, with clients increasingly demanding higher - value performance and partners equally demanding profit - per - partner growth, training and mentoring have largely become optional extras.

Now, with clients increasingly demanding of higher - value performance and partners equally demanding of profit - per - partner growth, mentoring and training has become largely an optional extra.

It's been a good year for Allen & Overy, with the firm topping the magic circle financial results growth league to boost profit per equity partner (PEP) by a whopping 26 % to # 1.51 million while lifting revenue by 16 % to # 1.52 billion.