After 2 Down Years, This Biglaw Firm Is Turning It Around
A definite improvement in the firm's financial health.
According to 2019 Biglaw data collected by ALM, after two straight years of revenue declines, what Biglaw firm saw a 10.7 percent increase in revenue and a 6.8 percent growth in revenue per lawyer?
Hint: However, profitability (profits per equity partner) slipped again this year. But the firm’s managing partner characterized the firm’s financial performance as “very strong,” and a “validation” of the firm’s strategy.
See the answer on the next page.
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