Shearman & Sterling saw an 8% fall in both revenue and partner profits in 2010, reports the Am Law Daily. The New York law firm this week released figures showing that gross revenues slid from $801m (£497m) in 2009 to $737m (£457m), while profits per equity partner fell from $1.74m (£1.07m) to $1.57m (£972,000).
March 01, 2011 at 05:16 AM
1 minute read
The original version of this story was published on Legalweek
Shearman & Sterling saw an 8% fall in both revenue and partner profits in 2010, reports the Am Law Daily.
The New York law firm this week released figures showing that gross revenues slid from $801m (£497m) in 2009 to $737m (£457m), while profits per equity partner fell from $1.74m (£1.07m) to $1.57m (£972,000).
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