Fiscal year 2017 for McElroy, Deutsch, Mulvaney & Carpenter generated a gross revenue figure that the firm’s leader characterized as “disappointing.”
Disappointing but not apparently disastrous: The $117.9 million revenue figure is a 0.8 percent decline, from $118.8 million in fiscal year 2016. That means gross revenue has been essentially flat since 2015, when it was $118.5 million, and is up only about 1.2 percent over a five-year period, from $116.5 million in fiscal year 2012, though the firm has consistently improved its revenue per lawyer over that span.
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