Chair David Greenwald said a combination of increased expenses and slower transactional work outpaced revenue generation, but that the firm is heading in the right direction.
March 31, 2023 at 01:15 PM
6 minute read
Fried, Frank, Harris, Shriver & Jacobson grew its revenue slightly (0.7%) in 2022, outpacing most of its peers, but increased expenses and lower transactional work conspired to put the firm in the red for profits per partner and revenue per lawyer.
The firm hit $958.43 million in revenue last year, a new high, as it just outpaced its 2021 haul of $951.30 million.
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David Greenwald.
