The firm last year made good on plans to promote lawyers to the equity partner tier. PPP as a result decreased 12%, even as the profit margin improved.
April 25, 2019 at 12:41 PM
1 minute read
Gibbons of Newark saw degrees of growth in its revenue metrics in fiscal 2018, while profits per equity partner shrank amid a growing number of shares.
The firm last year made good on plans to promote some lawyers to the equity partner tier, which grew to 38 from 32, an increase of 18.8%.
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