Sentences with phrase «revenue per lawyer dropped»
But revenue per lawyer dropped by 1.64 percent, from $ 1,034,287 to $ 1,017,372, while profits per equity partner rose by 1.8 percent, from $ 2,273,802 to $ 2,314,723.
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But because of growth in head count and a drop in demand, particularly in the corporate and finance sectors, profits per partner (PPP) fell by 4.3 percent, to an average of $ 1.26 million, and revenue per lawyer (RPL) dropped 1.2 percent, to $ 818,000.
Debevoise's revenue per lawyer surged 7.2 percent to $ 1.05 million — a jump largely explained by a 3.9 percent drop in head count that saw the firm lose 26 lawyers.
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.