Duane Morris reported a 9.8 percent increase in revenue for 2005, and an increase in profits per equity partner by more than 18 percent, according to newly released financial data. Firm Chairman Sheldon Bonovitz predicted the number of attorneys will increase through a merger within the next few years -- most likely in New York, Chicago or D.C. -- with an eye toward having the 600-attorney firm hit the 1,000-lawyer mark.
March 02, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Duane Morris reported a 9.8 percent increase in revenue for 2005, up from $264 million to $290 million, and an increase in its profits per equity partner by more than 18 percent, according to financial data provided to The Legal Intelligencer.
Firm Chairman Sheldon Bonovitz said the number of attorneys will also increase through a merger within the next few years, echoing comments he made last fall.
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