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Every department at the firm exceeded revenue targets for 2019, managing partner John Martin said. But profitability declines continued.
February 24, 2020 at 12:51 PM
1 minute read
Senior reporter
The original version of this story was published on Texas Lawyer
After two years of revenue declines, Baker Botts turned things around in 2019 with a 10.7% increase in revenue and 6.8% growth in revenue per lawyer.
But profitability took another hit at the Am Law 100 firm, with profits per equity partner dropping by 3.5% and net income remaining flat.
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