Reed Smith saw its second straight year of revenue growth in 2011 while profits per equity partner (PEP) fell 3%, reports The Am Law Daily. The firm's revenue grew 3.7% from $958m (£609m) in 2010 to $993m (£632m) in 2011, while PEP fell 2.9% to $1.02m (£649,000). Global managing partner Gregory Jordan described 2011 as "a solid year in a tough environment."
February 23, 2012 at 07:06 AM
1 minute read
The original version of this story was published on Legalweek
Reed Smith saw its second straight year of revenue growth in 2011 while profits per equity partner (PEP) fell 3%, reports The Am Law Daily.
The firm’s revenue grew 3.7% from $958m (£609m) in 2010 to $993m (£632m) in 2011, while PEP fell 2.9% to $1.02m (£649,000).
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