Hughes Hubbard & Reed-one of the Am Law 200′s leaders in lateral hiring so far this year after adding a trio of Paris-based partners and opening an office in Kansas City, Missouri-saw its gross revenue, profits per partner, and revenue per lawyer all rise in 2011, according to The American Lawyer’s reporting.
The firm’s gross revenue increased 7.5 percent between 2010 and last year, going from $298.5 million to $321 million. Profits per partner, meanwhile, jumped 8.5 percent, from nearly $1.6 million to more than $1.7 million, while revenue per lawyer rose 6 percent from $995,000 two years ago to almost $1.1 million in 2011. The latest figures continue a series of strong financial performances for the 305-lawyer firm, which topped The American Lawyer’s A-List last summer.
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