Gibson Dunn & Crutcher has recorded a 5.4% revenue increase for 2008, taking the firm's total turnover to $957m (£648m), reports The Am Law Daily. The US firm's profits per partner declined by 1.3% to $1.9m (£1.3m), while revenue per lawyer dropped 4.3% to $1m (£677,000).Gibson Dunn chairman Kenneth Doran commented: "All in all, given what is happening in the market, I am very pleased with our results. It reflects the strength of the firm."Doran cited the firm's commitment to maintaining a diverse practice mix as a key driver of the firm's strength. While admitting that there has been "some pressure" with regards to transactional work, Doran says other practice areas, such as antitrust and intellectual property litigation, have been "extremely engaged."
February 06, 2009 at 10:50 AM
1 minute read
The original version of this story was published on Legalweek
Gibson Dunn & Crutcher has recorded a 5.4% revenue increase for 2008, taking the firm’s total turnover to $957m (£648m), reports The Am Law Daily.
The US firm’s profits per partner declined by 1.3% to $1.9m (£1.3m), while revenue per lawyer dropped 4.3% to $1m (£677,000).
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