Revenue per lawyer at Andrews Kurth is $ 820,000 and $ 820,000 at Hunton.
Not exact matches
Head count
at law firms has exceeded the growth in
revenues per lawyer — which can begin to take a bite out of profits.
Gross
revenues grew less than 2 % to about $ 860m (# 610.7 m), while
revenue per lawyer stayed level
at $ 1.03 m (# 731,000), and profits
per partner declined 3.7 % to $ 1.834 m (# 1.32 m).
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.
«The US median is around four
lawyers per billion dollars of
revenue, so one might expect the first
lawyer to be hired
at around the $ 250 million mark.
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.
Profits
per partner
at Cadwalader rose to $ 2.4 m (# 1.5 m) for 2009, while
revenue per lawyer climbed by 3 % to almost $ 1m (# 614,000).
The Boston - based firm's overall
lawyer head count held steady
at 184, and
revenue per lawyer was off 3.9 percent to $ 860,000.
«
Revenue per lawyer, profit
per lawyer and profit
per equity
lawyer are all up over the last five years and all of these figures are
at or near all time highs — even after adjusting for inflation,» said Bruch.
Gibson Dunn, meanwhile, saw gross
revenue increase by 6.8 percent, to $ 1.06 billion; profits
per partner
at the 1,030 -
lawyer firm increased by 20.7 percent, to $ 2.3 million.
Davis Polk's gross
revenue increased 2.8 percent in 2010 to $ 870 million, while profits
per partner
at the 745 -
lawyer firm rose 5 percent to $ 2.2 million.
The revised parameters —
at least $ 500,000 in profits
per lawyer and $ 1.1 million in
revenue per lawyer — yielded 29 law firms this year, up from 24 last year.
Revenue per lawyer, meanwhile, stayed roughly even
at $ 700,000.
lawyer and current information services partner
at KPMG Canada, figures many firms have all the data they need, like: type of client (e.g. industry, size, annual
revenues, number of matters
per year); matter type (e.g. transaction, litigation); types of opponents in litigation; and so forth.
There is no point addressing
revenue per lawyer (or profit
per employee) if the firm is actually more bothered about its exposure to a small number of key clients than about its profitability
at present.