O’Melveny & Myers posted declines among key financial indicators in 2013, with gross revenue at the firm falling 10 percent, to $733.5 million, according to The American Lawyer’s reporting.
The firm’s profits per equity partner fell 16 percent, to $1.73 million, while revenue per lawyer declined a more modest 8.6 percent, to $1 million. The declining numbers for 2013 follow a year in which O’Melveny, as a result of alternative fee arrangement payouts, turned in record revenue per lawyer and profits per equity partner.
This content has been archived.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
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
