Dewey confirms rises in revenue and PEP after job cuts announcement
Dewey & LeBoeuf saw revenues and profits rise slightly in 2011, with turnover climbing 2.8% and profits per equity partner (PEP) up 1%, writes the Am Law Daily. The firm, which last week announced it would be cutting lawyer and support staff positions, said it collected $935m (£602.9m) last year, up from $909.9m (£575.7m) in 2010, with overall profits standing at $340.5m (£215.4m), up from $328m (£207.5m).
Dewey & LeBoeuf saw revenues and profits rise slightly in 2011, with turnover climbing 2.8% and profits per equity partner (PEP) up 1%, writes the Am Law Daily.
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