Covington & Burling, Washington, D.C. (Photo: Diego M. Radzinschi/ALM)
The firm boosted its revenue by more than $100 million, added more than 100 lawyers and grew partner profits last year.
March 06, 2018 at 02:14 PM
1 minute read
The original version of this story was published on National Law Journal
Covington & Burling grew its gross revenue by more than $100 million last year while opening new offices in United Arab Emirates and South Africa.
According to preliminary ALM data, gross revenue jumped nearly 13 percent in 2017, reaching $945.5 million. Profits per partner rose 4.5 percent to more than $1.5 million. Revenue per lawyer increased by less than 1 percent to $1,005,000 as Covington added more than 100 total lawyers, boosting its head count 12.3 percent over 2016.
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