Sentences with phrase «profits per partner up»

Boston - based Goodwin Procter saw its gross revenues grow 2.5 percent to $ 695.5 million last year, but a net loss of 13 equity partners helped push profits per partner up 3.4 percent to $ 1.5 million, according to The American Lawyer's reporting.

Not exact matches

White & Case reported a 7 % rise in profit per equity partner (PEP) in 2014 to $ 2m (# 1.3 m), up from $ 1.87 m (# 1.14 m) in 2013.

Big law sees «agile» as a means of driving up their profit per partner.

Law firms also closed ranks and upped the requirements for partnership (especially after the American Lawyer started openly publishing profits - per - partner numbers in 1985.)

Amid mixed results from top 50 rivals, RPC was a standout performer, posting a 7.5 % increase in profits per equity partner (PEP) and a 21.8 % hike in turnover, pushing it up seven places in the rankings to 42nd place.

Macfarlanes defied the depressed UK and European markets this year to record its second set of strong financial results in a row, with revenue up by 11.6 % and profits per equity partner (PEP) increasing by 9.5 % for 2012 - 13.

The 2018 Am Law 100, which looks at numbers from 2017, reports that gross revenue grew 5.5 percent on average, net income increased by 6.1 percent, profit per equity partner grew by 6.3 percent, revenue per lawyer moved up 3.2 percent, and headcount rose 2.2 percent.

«On a macro level, the news is good for these firms: Revenue was up year - over-year by 7 %, revenue per lawyer by 9 %, and profits per partner by 11 %.

After a down year in 2010, Shearman & Sterling saw profits per partner hold steady at roughly $ 1.56 million in 2011, while its gross revenue inched up less than 2 percent to $ 750 million and its revenue per lawyer ticked down less than 3 percent to $ 900,000, according to The American Lawyer's reporting.

with profits per equity partner (PEP) inching up 2.7 % to $ 1.5 m (# 950,000).

Mayer Brown saw revenue inch up 0.2 % last year to reach a new high of $ 1.26 bn (# 1.03 bn), while profit per equity partner (PEP) fell 7.1 % to $ 1.45 m (# 1.19 m)

Nabarro, which expects profits per equity partner (PEP) rise 10.5 % to # 475,000, posted broadly flat turnover, up 0.3 % from 2012 - 13 to # 116.7 m.

The firm said that in the year to 30 June 2015 profit per equity partner also increased, to # 935,000, up 6 % from # 882,000 the previous year.

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.

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.

Davis Polk: According to reporting by The American Lawyer, the firm took in $ 910 million, up from $ 870 million, and its profits per partner rose to $ 2.3 million from $ 2.2 million.

Profit per equity partner now stands at # 366,000, up slightly from last year.

Profits per equity partner (PPEP) goes up, partner headcount goes down, median partner income falls, the ratio of partners making as much as PPEP falls.

Its profits per equity partner, meanwhile, edged up to $ 2.66 million from $ 2.64 million.

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

Bruce MacEwen looks at what's been rocketing Reed Smith revenue to a five - year climb that has profits per equity partner numbers up 154 percent.

Nabarro has also been doing well financially, with revenues up again this year after a stonking 2015 which saw profit per equity partner soar 21 %.

The Minneapolis - based firm's gross revenue inched up 0.3 percent to $ 323.5 million, while profits per partner fell 0.9 percent to $ 560,000.

In the year leading up to its impending merger with McKenna Long & Aldridge, San Diego — based Luce, Forward, Hamilton & Scripps saw its gross revenue fall nearly 18 percent to $ 83.5 million and its profits per partner drop almost 21 percent to $ 535,000, according to reporting by The American Lawyer.

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.

Fun fact, PPP (profit per partner) was up — way up — in 2017, despite all the cries we all consistently hear about, «the need for innovation».

Second, you must give up as your primary business plan the effort to appear at the top of the American Lawyer's profits - per - partner list.

Profit per equity partner, meanwhile, is up 10 % to # 1.1 million.

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.

The happy internal mood corresponds with robust recent financial performance; profit per equity partner rose by 14 % to # 625,000 this year and overall revenue went up 11 % to # 423 million.

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.

But a successful consolidation has seen turnover tick up towards # 50 million and profit per equity partner rise by to over half a million pounds.