Legal Week reports
February 04, 2004 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Shearman & Sterling has posted its highest ever profit figures with an 8% rise in average partner profits for 2003 to reach $1.37m (£753,000), and revenue edging up 4% to $730m (£400m), Legal Week can reveal.
The highly-anticipated results surpass the top 10 New York firm’s record 2000 profits average of $1.35m (£742,000) and provide further evidence of a robust financial year for many of the US’ leading law firms.
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