Shearman & Sterling has unveiled a robust increase in partner profits for 2006, although turnover at the New York firm remained static. Profits per equity partner were up by 12% to $1.65m (£842,000) from a figure of $1.48m (£752,000) in 2005. However, turnover inched up by just 1% to reach $842m (£429m).
February 16, 2007 at 08:11 AM
1 minute read
The original version of this story was published on Legalweek
Shearman & Sterling has unveiled a robust increase in partner profits for 2006, although turnover at the New York firm remained static.
Profits per equity partner were up 12% to $1.65m (£842,000) from a figure of $1.48m (£752,000) in 2005. However, turnover inched up by just 1% to reach $842m (£429m).
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