Morgan Lewis & Bockius has posted increases in both turnover and profits for 2008, despite a slowdown in its corporate practice, reports The Am Law Daily. Gross revenue at the firm rose by 8.5% to $1.12bn (£756m) from $1.03bn (£695m) in 2007, while profits per partner increased by 1.4% to $1.45m (£979,000).While corporate work slowed, the firm's growth was buttressed by strong results in the labour and employment, energy, life sciences and drug industry practice areas.Morgan Lewis managing partner Thomas Sharbaugh said: "There is no question that this particular year, our breadth of practice areas acted as a hedge against the areas that are slower."
February 10, 2009 at 04:39 AM
1 minute read
The original version of this story was published on Legalweek
Morgan Lewis & Bockius has posted increases in both turnover and profits for 2008, despite a slowdown in its corporate practice, reports The Am Law Daily.
Gross revenue at the firm rose by 8.5% to $1.12bn (£756m) from $1.03bn (£695m) in 2007, while profits per partner increased by 1.4% to $1.45m (£979,000).
Presented by BigVoodoo
Celebrating achievement, excellence, and innovation in the legal profession in the UK.
Legalweek New York explores Business and Regulatory Trends, Technology and Talent drivers impacting law firms.
Join General Counsel and Senior Legal Leaders at the Premier Forum Designed For and by General Counsel from Fortune 1000 Companies
Associate attorney position at NJ Immigration Law firm: Leschak & Associates, LLC, based in Freehold, NJ, is looking for a full time ass...
Javerbaum Wurgaft, a large civil litigation firm with nine (9) offices, seeks: Plaintiff Personal Injury Attorney for Northern New Jersey of...
Exciting Career Opportunities at Nuzzo & Roberts! Nuzzo & Roberts, a leading mid-sized insurance defense firm based in Cheshire, CT...
