Profits per equity partner dropped by 9.7% in 2022 at Dallas-founded Locke Lord, but the firm also increased its equity partner numbers in an effort to build the next generation of partners.
March 03, 2023 at 01:38 PM
5 minute read
Senior reporter
Facing some demand challenges during the year, revenue at Locke Lord slipped by 2% in 2022, and profits per equity partner declined by 9.7%, partly due to growth in the equity partnership as the firm builds its next generation.
Nevertheless, chair David Taylor said 2022 was a “solid year,” despite some “choppiness” throughout the year.
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David Taylor, Locke Lord firm chair and partner. (Courtesy photo)
