Debevoise & Plimpton has reported a 7.2% increase in revenues for 2008, however, profits per equity partner lagged behind, falling by nearly 3% over the year. The New York firm saw turnover increase to $760.8 (£537.25m), on the back of significant litigation and white-collar investigation work for clients including Siemens AG. However, PEP dropped to $2.23m (£1.57m), showing that the firm is not immune to the effects of the financial crisis.
March 03, 2009 at 03:03 AM
1 minute read
The original version of this story was published on Legalweek
Debevoise & Plimpton has reported a 7.2% increase in revenues for 2008, however, profits per equity partner lagged behind, falling by nearly 3% over the year.
The New York firm saw turnover increase to $760.8, (£537.25m) on the back of significant litigation and white-collar investigation work for clients including Siemens AG.
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