The firm's PEP dropped by 5% to $820,000, as its equity tier expanded and its nonequity tier shrunk by 9%, bucking a trend in the industry of growing the nonequity ranks.
February 21, 2024 at 01:46 PM
5 minute read
Am Law 200 firm Bradley Arant Boult Cummings saw its revenues and net income rise in 2023, but the addition of new lawyers and partners throughout the year cut into its profits, its chairman said.
Bradley chairman and managing partner Jonathan Skeeters said in an interview that the firm’s corporate practices had a strong year and helped contribute to gross revenue of $424.77 million—an 8.3% increase from 2022 and a 43% increase from 2019, according to ALM data.
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Jonathan Skeeters of Bradley Arant. (Courtesy photo)
