2011 Firm Financial Results

Financial results from the last year for law firms across Pennsylvania are examined in this collection of articles from The Legal Intelligencer.

Stevens & Lee Ups PPP 1 Percent; Other Metrics Fall
The Legal Intelligencer
May 30, 2012

Stevens & Lee saw revenue dip by $1 million in 2011 and expenses rise more than 8 percent, but the firm was able to increase partner profits marginally through a reduction in equity partners and small rate increases. Full Text

Saul Ewing's Revenue Inches Up, PPP Down 3 Percent
The Legal Intelligencer
May 24, 2012

Saul Ewing saw its gross revenue barely rise and its profits per partner (PPP) fall slightly in what managing partner David S. Antzis called a “stabilizing” year after experiencing big gains in 2010. Full Text

Fox Rothschild Ups Revenue 7.3 Percent, PPP 3.5 Percent
The Legal Intelligencer
May 14, 2012

At the close of a fiscal year that saw the firm open two new offices through lateral acquisitions, Fox Rothschild experienced gains in its revenue and partner profits. Full Text

Drinker's PPP Up 7.7 Percent, Revenue Up 2.4 Percent
The Legal Intelligencer
April 9, 2012

Philadelphia-based Drinker Biddle & Reath saw its revenue rise to an all-time high in 2011 after staying nearly flat the year before. Full Text

Ballard Ups Revenue 4.2 Percent, Headcount 6.1 Percent
The Legal Intelligencer
April 2, 2012

Ballard Spahr was able to grow its gross revenue in 2011 above the firm's all-time highin 2010, but could not match the rate of increase in its headcount thanks to a downturn inits public finance practice and a general overcapacity in certain areas, the firm'schairman said. Full Text

Report: Pa. Firms Lag in Revenue, PPP Growth
The Legal Intelligencer
March 19, 2012

Pennsylvania law firms were closely aligned with their national counterparts when it came to 2011 financial performance, with the exception of a few key indicators, according to data broken out from Citi Private Bank Law Firm Group's 2011 flash report. Full Text

Cozen Grows Revenue 6 Percent, PPP 8.3 Percent
The Legal Intelligencer
March 16, 2012

Cozen O'Connor had a strong financial showing in 2011, bringing in historic highs forthe firm when it came to gross revenue, revenue per lawyer (RPL) and profits per equitypartner (PPP), according to preliminary numbers from the firm. Full Text

Duane Morris Revenue Grows, PPP Up 3.2 Percent

The Legal Intelligencer
March 14, 2012

Duane Morris saw all-time highs in its gross revenue, profits per equity partner (PPP) and revenue per lawyer (RPL) metrics in 2011, according to firm CEO and Chairman John J. Soroko. Full Text

Reed Smith Revenue Up 3.7 Percent, PPP Dips 3 Percent

The Legal Intelligencer
February 23, 2012

Reed Smith saw its second straight year of revenue growth in 2011 while profits per equity partner took a dip of nearly 3 percent in a year that saw profit margins squeezed as expenses increased.Full Text

K&L Gates' PPP Drops 4.3 Percent, Revenue Flat

The Legal Intelligencer
February 16, 2012

K&L Gates had a relatively flat year when it came to gross revenue and revenue per lawyer, growing each by under 1 percent. The firm saw a 4.3 percent decrease in profits per partner in what Chairman Peter J. Kalis said was a year of expenses growing at a faster rate than revenue.Full Text

Pepper's Revenue Up 3.5 Percent, PPP Up 4.8 Percent

The Legal Intelligencer
February 17, 2012

After a 5.8 percent dip in 2010, Pepper Hamilton's gross revenue rose 3.5 percent in 2011. Between 2009 and 2010, the firm's revenue fell from $333 million to $313.7 million. In 2011, however, the firm's revenue jumped to $324.6 million.Full Text

Dechert's Revenue Grows for First Time in 4 Years

The Legal Intelligencer
February 7, 2012