Amid a spate of lateral hires, Winston & Strawn saw its gross revenue rise slightly for the second straight year in 2011, while profits per equity partner edged up for the fourth year in a row, according to The American Lawyer’s reporting. Though modest, the increases helped push Winston to its best financial performance ever.
“I’m proud of our partners,” says Winston managing partner Thomas Fitzgerald. “We opened in Houston as one of the bigger non-indigenous firm in Houston, and we still managed to have increases in both gross revenue and profitability.” That office-with a 16-lawyer Houston-based group from the defunct Howrey as its foundation-opened in March.
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