Cleary Gottlieb Steen & Hamilton has posted its financial results for 2008, with the firm defying the downturn to record increases in both revenue and partner profits. Revenue at the US firm is up by 8% to $965m (£646m), while profits per partner increased by 12% to $2.4m (£1.6m).Revenue per lawyer, however, remained flat, decreasing by less than 1%.
January 16, 2009 at 04:57 AM
1 minute read
The original version of this story was published on Legalweek
Cleary Gottlieb Steen & Hamilton has defied the downturn to record increases in both revenue and partner profits, according to results emerging today (16 January).
The Am Law Daily reports that revenue at the US firm is up by 8% to $965m (£646m), while profits per partner increased by 12% to $2.4m (£1.6m).
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