For Drinker Biddle & Reath, 2007 was a year of investment and transformation, a year its leaders called historic for the nearly 160-year-old firm. The firm's gross revenue and headcount each grew by more than 40 percent after a Jan. 1, 2007, merger with Chicago-based Gardner Carton & Douglas. The combined firm then created a new practice group management system that is more industry-focused. But payment for the investment has to come from somewhere, and in 2007 it came, in part, from partner profits.
April 24, 2008 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
For Drinker Biddle & Reath, 2007 was a year of investment and transformation. A year its leaders called historic for the nearly 160-year-old firm.
The firm’s gross revenue and headcount each grew by more than 40 percent after a Jan. 1, 2007, merger with Chicago-based Gardner Carton & Douglas. The combined firm then created a new practice group management system that is more industry-focused.
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