The firm saw strong demand growth that outpaced the industry, especially in hot industries such as tech and health care.
February 17, 2021 at 04:55 PM
1 minute read
The original version of this story was published on The American Lawyer
Debevoise & Plimpton notched an enviable 16.7% gross revenue increase and more than 27% growth in net income last year, adding to a list of big firms that had an exceptional 2020 financial performance, which also includes Cooley and McDermott Will & Emery.
Revenue per lawyer (RPL) grew 7.8%, from $1,479,000 to $1,594,000. Profits per equity partner (PEP) skyrocketed from $3,702,000 to $4,554,000, an increase of 23%.
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Debevoise & Plimpton (Photo: Rick Kopstein/ALM)
