The biggest changes in Cozen O'Connor's financial performance for 2006 were in its profits per equity partner -- a 10.6 percent increase in its PPP, moving up from $470,000 in 2005 to $520,000 in 2006 -- and number of equity attorneys, dropping by 11.8 percent, from 127 equity members in 2005 to 112 in 2006. Chairman Stephen Cozen says the firm has not yet reached its goals in terms of expansion and is looking to grow its general and commercial litigation practices as well as transactional-based practices.
April 17, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The biggest changes in Cozen O’Connor’s financial performance for 2006 were in its profits per equity partner and number of equity attorneys.
The firm saw a 10.6 percent increase in its profits per equity partner (PPP), moving up from $470,000 in 2005 to $520,000 in 2006. After a static year as far as head count, with the firm hovering around 483 attorneys, the equity tier dropped by 11.8 percent, from 127 equity members in 2005 to 112 in 2006.
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