O'Melveny & Myers has announced relatively flat partner profits for the second year in succession, although turnover at the Los Angeles firm increased by 7.5%. Profits per equity partner (PEP) at O'Melveny grew by less than half a percent, from $1.63m (£827,000) last year to $1.64m (£830,000). The move represents an increase of just 0.3% - the same rate achieved by the firm the previous year.
February 14, 2008 at 12:50 PM
1 minute read
The original version of this story was published on Legalweek
O’Melveny & Myers has announced relatively flat partner profits for the second year in succession, although turnover at the Los Angeles firm increased by 7.5%.
Profits per equity partner (PEP) at O’Melveny grew by less than half a percent, from $1.63m (£827,000) last year to $1.64m (£830,000). The move represents an increase of just 0.3% – the same rate achieved by the firm the previous year.
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