With an 11.8% decline in PEP, Debevoise's growing headcount and its move to a new Manhattan headquarters contributed to some of its increased expenses last year.
March 20, 2023 at 11:41 AM
4 minute read
The original version of this story was published on The American Lawyer
Debevoise & Plimpton, with growing expenses and head count last year, saw flat revenue growth, at roughly $1.33 billion, and an 11.8% decline in average profits per equity partner, down to $4.42 million
With an 8.5% growth in its total headcount, growing to 855 lawyers, the firm’s revenue per lawyer slid down 7.8% to $1.56 million in 2022.
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Debevoise & Plimpton’s financial performance
