Sidley Austin and Paul Weiss Rifkind Wharton & Garrison have become the latest US law firms to post rising revenues for 2011, reports the Am Law Daily. After enduring a flat year in 2010, Sidley Austin saw revenues rise 5.6% to $1.41bn (£887m) in 2011, while partner profits increased 9.6% to $1.6m (£1m). Executive committee chairman Thomas Cole credited the firm's performance to balanced growth across offices and practice groups, although he singled out Sidley's 21-lawyer Palo Alto office, which opened in 2009, for posting an almost 50% increase in revenue.
February 07, 2012 at 07:05 PM
1 minute read
The original version of this story was published on Legalweek
Sidley Austin and Paul Weiss Rifkind Wharton & Garrison have become the latest US law firms to post rising revenues for 2011, reports the Am Law Daily.
After enduring a flat year in 2010, Sidley Austin saw revenues rise 5.6% to $1.41bn (£887m) in 2011, while partner profits increased 9.6% to $1.6m (£1m).
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