Chairman and CEO Matt Taylor pinned the 3.6% dip on pressures on transactional work.
March 13, 2024 at 05:47 PM
4 minute read
Revenue at Duane Morris inched upward in 2023, while the firm’s profits per equity partner shrunk as the firm continued to face transactional headwinds from 2022, contracting by 3.6% to hit $1.18 million.
Gross revenue grew 2.8% to $648.8 million and revenue per lawyer grew 1.8% to $881,000, respectively, as the firm demonstrates ongoing momentum in over a decade and a half of revenue growth.
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Matthew Taylor of Duane Morris. Courtesy photo
