Debevoise keeps pace with NY rivals as its profits surge

Debevoise & Plimpton has seen fee income soar by 19% and profits surge by 16% as the New York firm reaps the benefits of a strong year for its transactional practice.

The firm saw revenue for last year rise to $407.9m (£222.8m) against 2002′s $344m (£187.9m), with profits per partner hitting $1.258m (£687,320) against the previous year’s figure of $1.085m (£592,800).

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