Debevoise & Plimpton’s revenue rose nearly 13% last year and its profits per partner grew by an even greater amount to $3.7 million, as the full-service firm boosted its head count in New York and overseas while raising revenue per lawyer.
The firm’s revenue rose from $929 million to about $1.05 billion in 2019, driven by a combination of growth in its transactional and disputes practices, presiding partner Michael Blair said. Profits per equity partner rose 13.4%, from $3.27 million to $3.7 million, and revenue per lawyer rose 4.2%, hitting $1.48 million.
