At Cooley's new offices at Hudson Yards in New York, CEO Joe Conroy stands in his favorite place in the office, with a view of the Empire State Building behind him. (Photo: David Handschuh/ALM) In a Year of 'Precipitous' Change, Cooley's Profits Fell Nearly 20% as Revenue Surpassed $2B
While Cooley grappled with overcapacity in the wake of last year's deal plummet, CEO Joe Conroy said the firm is well-positioned for the future with the best-ever talent roster and continually growing market share.
March 23, 2023 at 01:14 PM
5 minute read
Law Firm Profitability
On the heels of layoffs in December, Cooley saw double-digit declines in net income and profits, though revenue inched up 1% to break past the $2 billion mark in 2022.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Trending Stories
- 1The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 2Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'
- 3The 'Biden Effect' on Senior Attorneys: Should I Stay or Should I Go?
- 4BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 5First Lawsuit Filed Alleging Contraceptive Depo-Provera Caused Brain Tumor
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
