Reed Smith has become the latest US firm to unveil its financial results for 2007, with the Pittsburgh firm breaking the $1m (£510,000) barrier for profits per equity partner (PEP) for the first time. PEP climbed from last year's mark of $940,000 (£476,140) to reach a new high of $1m - an improvement of just over 6%. Revenue per lawyer also edged up by 6%, from $652,000 (£332,000) to $690,000 (£351, 000).
January 10, 2008 at 10:56 AM
1 minute read
The original version of this story was published on Legalweek
Reed Smith has become the latest US firm to unveil its financial results for 2007, with the Pittsburgh firm breaking the $1m (£510,000) barrier for profits per equity partner (PEP) for the first time.
PEP climbed from last year’s mark of $940,000 (£476,140) to reach a new high of $1m – an improvement of just over 6%. Revenue per lawyer also edged up by 6%, from $652,000 (£332,000) to $690,000 (£351, 000).
Presented by BigVoodoo
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
Atlanta s John Marshall Law School is seeking to hire one or more full-time, visiting Legal WritingInstructors to teach Legal Research, Anal...
Lower Manhattan firm seeks a premises liability litigator (i.e., depositions, SJ motions, and/or trials) with at least 3-6 years of experien...
Join the Mendocino County District Attorney s Office and work in Mendocino County home to redwoods, vineyards and picturesque coastline. ...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
