Buchanan Ingersoll & Rooney‘s dip in revenue in 2009 was due to cost pressures from clients and a lower head count, but efficiencies gained last year helped bolster other financial metrics, the firm’s new CEO said.
The firm saw a 2.9 percent decrease in gross revenue, from $272.8 million in 2008 to $264.9 million in 2009. It kept its profit margin flat at about 22.5 percent.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
