Sentences with phrase «revenue per lawyer of»

Six of the seven New York firms on our list of biggest decliners still had revenue per lawyer of more than $ 1 million.

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.

Bingham saw City revenues rise by 11 % during the last calendar year to $ 54.7 m (# 36.6 m) compared with $ 49.1 m (# 32.9 m) in 2011, with around 50 lawyers clocking up average revenue per lawyer of $ 1.158 m (# 776,000), compared to firmwide revenue per lawyer of $ 969,000 (# 649,800).

Not exact matches

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.

Head count at law firms has exceeded the growth in revenues per lawyer — which can begin to take a bite out of profits.

«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.

DLA's gross revenue rose 2.5 % in the last fiscal year, to a new high of $ 2.54 bn, while average revenue per lawyer inched up 0.7 %, to $ 675,000.

MacEwen suggests a variety of financial metrics, including revenues or profits per lawyer or one -, three - or five - year growth in revenue, percentage of revenues from longtime clients.

The dip in revenue per lawyer was a product of the associate ranks growing by more than 6 percent, as the firm welcomed back deferred associates from the summer class of 2009, and built a team of some 18 lawyers around two Hong Kong law partners who moved over from O'Melveny in 2010.

Two - thirds of firms participating in the survey report increases in gross revenue, revenue per lawyer and profits per equity partner in 2014.»

But that average gain of 1.2 %, coupled with similar increases in revenue per lawyer and profits per equity partner, masked some weakness in many firms» results.

The A-List is comprised of firms who score highest in the following categories: revenue per lawyer, pro bono, associate satisfaction, and diversity.

Even the firm's revenue per lawyer grew 7 percent last year, to $ 1.07 million, topping even the roughly $ 1.05 million figure collected during the halcyon days of 2007.

While developing strategies to cope with the recession, managing partners and executive committees must deal with is to understand their partners» expectations so that the former may develop and begin to implement strategies to reduce costs and enhance the volume of profitable business which, in turn, leads to increased revenue per lawyer and profits per partner.

«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.

According to The Am Law 100, Curtis only reached the milestones of $ 100 million in gross revenue in 2006, 200 lawyers in 2007, and $ 1 million in profits per partner in 2008.

While developing strategies to cope with the lagging demand for legal services, lawyer management must understand their partners» expectations so that the former may develop and begin to implement strategies to reduce costs and enhance the volume of profitable business which, in turn, leads to increased revenue per lawyer and profits per partner.

As a result of the shrinkage, the firm's revenue - per - lawyer jumped 15 percent, to $ 1.2 million, while profits per equity partner increased 11 percent, to $ 1.35 million.

While developing strategies to cope with the recession, managing partners and executive committees must understand their partners» expectations so that the former may develop and begin to implement strategies to reduce costs and enhance the volume of profitable business which, in turn, leads to increased revenue per lawyer and profits per partner.

The largest of these has over 4,000 lawyers and 2014 revenues of $ 35,000 per lawyer, according to the American Lawyer.

Surveys show, nonetheless, that lawyers per billion Euro of revenue stand as high in Europe as they do in the US, so the absence of the privilege hasn't deterred companies from hiring in - house.

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.

In a clean sweep of rising financials, DLA's U.S. revenue per lawyer (RPL) was up 8 percent to $ 879,000, while its profit margin climbed 3 percent to a three - year high of 29 percent.

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.

WASHINGTON — The American Lawyer has named Covington to its 2016 «A-List,» an annual ranking of the top 20 firms based on revenue per lawyer, pro bono commitment, diversity, and associate satisfaction.

WASHINGTON — The American Lawyer has named Covington to its 2017 «A-List,» an annual ranking of the top 20 firms based on revenue per lawyer, pro bono commitment, diversity, associate satisfaction, and, for the first time, the percentage of female equity partners.

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.

Revenue per lawyer is a key indicator of financial health.

In 2008, though firm lawyers logged thousands of hours in hectic bail - out related work, especially in the last quarter, the firm's revenue was flat and average profits per equity partner fell 17 percent.

When we examined revenue per lawyer (a proxy for a law firm's ability to command a price premium) across a sample of firms, we found that growth was highest among non-pedigreed firms.

Our sample of 15 especially highly reputed firms (including the likes of Cravath, Skadden, and Sullivan) experienced an average increase of only 2.9 % in revenue per lawyer over the 5 - year period from 2007 - 12.

The American Lawyer has ranked Paul, Weiss third in its annual «A-List,» which ranks firms based on their revenue per lawyer, pro bono commitment, associate satisfaction, racial and gender diversity, and the percentage of female...