Locke Lord, whose lawyer head count declined in 2016, saw its gross revenue drop by 6.4 percent in 2016. But net income at the Dallas-based firm rose by 11.1 percent compared to 2015—partly because of its booming energy practice.
“Even though commodity prices were down, there was still a lot of activity at a lot of companies,” said Locke Lord chairwoman Jerry Clements. “While in the first part of 2016, things started out slow in energy, by summer things really picked up, and by the end of the year we had really made up for the slowness at the first of the year.”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]