In part because of the expense required to integrate lateral hires into the firm, Winston's
revenue per lawyer declined 1.2 percent to $ 815,000 last year.
Not exact matches
After what the firm described as a «solid» 2016, Reed Smith held profits
per equity partner (PEP) and
revenue per lawyer (RPL) steady amid
declines in headcount and overall
revenue.
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).
Because the firm's head count grew more rapidly than its
revenue did in 2011, Curtis saw a
decline in
revenue per lawyer of nearly 8 percent to $ 530,000.
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.
The importance of leading the local market on trainee and junior
lawyer salaries will have to be balanced with the fact that Burges Salmon has been feeling a bit more pressure of late amid a small
decline in
revenue from # 87.4 million to # 87 million and a 16 % drop in profit
per equity partner from # 523,000 to # 438,000 in what managing partner Peter Morris has described as a «challenging» financial year.