Gross revenue at Orrick, Herrington & Sutcliffe grew 1.8 percent last year, to $929 million, but revenue per lawyer and profits per partner both declined, an outcome that chairman and CEO Mitchell Zuklie attributed partly to a lateral hiring spree by the firm.

With 42 laterals—more than twice as many as in 2015—Orrick’s head count rose 2.7 percent, to 941. Revenue per lawyer dropped 1 percent, to $985,000. And partner profits fell 6.1 percent, to $1.68 million, despite an 8.6 percent decrease in the size of the firm’s equity partnership.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

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]