O’Melveny & Myers saw record increases in profits per equity partner (PEP) and net income in 2018, with both figures growing at over 12 percent.
Gross revenue increased by 8.5 percent, climbing just past the $800 million mark, up from $738 million the previous year. The firm’s revenue per lawyer hit $1.19 million, up 6.4 percent, while a 12.6 percent increase to PEP brought that figure to $2.262 million.
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