Sentences with phrase «profits per partner metrics»

After Keith's summary of the realization rate and profits per partner metrics at the matter level, the management committee debate becomes even more lively.

Using the profit per partner metric allows comparing the relative contribution to the firm's profits per equity partner of, for example, a low - margin practice area having high associate leverage and a high - margin, partner - intensive practice area.

Not exact matches

As for «profits per partner,» the metric that matters most to firms, nineteen firms had profits per partner of $ 2 million or more, an increase of four over last year.

New financial metrics — including margin percentage, leverage, profit per partner hour and revenue per lawyer — deliver greater insight into matter profitability.

Dundas & Wilson has reported significant fall key financial metrics with turnover down 11 %, net profit down 21 % and profits per equity partner plunging 22 %.

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.

Akin Gump Strauss Hauer & Feld has posted a double - digit increase in profits per partner (PEP) for 2017, with the metric rising 13.5 % to $ 2.4 m after another strong year for lobbying and dealmaking.

Dentons has opted to stop reporting average profits per equity partner, citing the metric as «meaningless» for a global firm, and claiming it could be potentially damaging to client relations.

The stakes for 2023 are greater than today's industry metrics of gross revenues and profits per equity partner.

Once profits per partner became an important metric (and an important means of hanging on to each firms» most productive partners), BigLaw developed other techniques to inflate PPP.

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.

Profits per partner is not really the metric upon which you and your partners thrive, is it?

• Profit per partner: 15 per cent (note, the move away from this metric should be seen as a very positive development)

What better way to prove QUALITY than key metrics like gross revenue, revenue per lawyer, and profits per partner.