Lovells' US arm has seen its profitability drop by almost a third over the past nine months after a tail-off in contentious work, it has emerged. The top 10 City firm, which has offices in New York and Chicago, has reported a fall in US profits of 30% for the first three-quarters of this financial year compared with the same period last year.
March 08, 2007 at 12:02 AM
1 minute read
The original version of this story was published on Legalweek
Lovells’ US arm has seen its profitability drop by almost a third over the past nine months after a tail-off in contentious work, it has emerged.
The top 10 City firm, which has offices in New York and Chicago, has reported a fall in US profits of 30% for the first three-quarters of this financial year compared with the same period last year.
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