Sentences with phrase «profits per partner jumped»

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.

Not exact matches

Revenue jumped almost 9 % in 2016 to $ 1.27 bn (# 1.03 bn), and profit per equity partner (PEP) rose more than 22 % to $ 3.1 m (# 2.5 m).

Turnover at Hogan Lovells International, which encompasses all of the firm's operations outside of the US, rose 8 % last year, while profit per equity partner (PEP) jumped 25 %, the firm's limited liability partnership accounts have shown.

Macfarlanes this week (24 June) reported that, while turnover jumped by 4.5 % to a new high of # 110m, its profits remained almost static, falling slightly from average profits per equity partner (PEP) of # 1.125 m last year to # 1.1 m.

Ever since large law firm salaries for new associates jumped to $ 160,000 back in January, we've heard commentary from a variety of constituencies, ranging from (see this post) law firm recruiters, warning that increased billables will place more pressure on associates, to lawyers, arguing that increased salaries demand concommitant salary raises for the judiciary, to (see this post) law firm economists, suggesting that associate salaries are proportionately lower than ever when viewed in the context of their relationship to profits per partner, to law firm marketers who view increased rates as opening opportunities for less expensive, midsized firms.

Specialist litigation firm Stewarts Law has posted a 30 % jump in average profit per equity partner (PEP) to # 2m for the 2016 - 17 year.

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.

Profits per partner at the 485 - lawyer firm jumped by 27.7 percent, to $ 1.59 million.

In this period the firm's revenue and profits have jumped by 40 %, with the journey capped last summer as profit per equity partner surpassed the # 1 million mark for the first time.

As a result of the shrinkage, the firm's revenue - per - lawyer jumped 15 percent, to $ 1.2 million, while profits per equity partner increased 11 percent, to $ 1.35 million.

The global firm has had a good year, with revenue up 6 % to just shy of the billion dollar mark — underlining just how big this business is — and profit per equity partner jumping 15 % to reach $ 670,000 (# 537,000).

Still, the firm remains a highly profitable place, with profit per equity partner up slightly this year to $ 1.11 m (# 861,000) and London newly qualified solicitor pay jumping a chunky # 7k to # 70,000.

The firm also pushed profitability to record levels, with U.S. profits per partner (PPP) jumping more than 12 percent to $ 1.38 million — its highest returns since the three - way merger between U.K. firm DLA, Chicago's Piper Rudnick, and San Diego - based Gray Cary Ware & Freidenrich in 2005.

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.

Profit per equity partner is up for a second consecutive year, jumping by 11 % to # 503,000, while revenue has risen 6 % to # 273.8 million.

As for Winston's overall finances, the firm's gross revenue grew 5.2 percent to $ 754 million last year, while average profits per equity partner jumped 4 percent to $ 1.44 million.

Charles Russell Speechlys has reported a 23 % jump in profit per equity partner (PEP) in its first full financial year results following the merger of legacy firms Charles Russell and Speechly Bircham, as Trowers & Hamlins reported flat net profit.

Profit per equity partner (PEP) at Dentons» UK, Middle East and Africa limited liability partnership (LLP) jumped by 23 % in the 2014 - 15 financial year, according to figures seen by Legal Week.