Drinker Biddle & Reath Washington, D.C., offices. Photo by Diego M. Radzinschi/ALM
The firm saw gross revenue decline by 2.6 percent, while profits per equity partner were down slightly.
April 05, 2019 at 03:42 PM
1 minute read
The original version of this story was published on The Legal Intelligencer
Gross revenue and profits both declined at Drinker Biddle & Reath in 2018, as the firm weathered the departures of two significant groups. But chairman Andrew Kassner still called it a “solid” year.
The firm saw gross revenue decline by 2.6 percent, to $449.7 million, while revenue per lawyer (RPL) still grew, as the firm saw head count decrease. RPL reached $848,000, marking an increase of 3.2 percent from 2017.
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