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Biglaw Profits Per Partner (PPP) info for 2007

Law firms are reporting financial info, so I might as well c...
Hazelrah
  02/07/08
lulz @ howrey... -17.5%!!!
Strong&Bald Arm&HammerDood
  02/07/08
...
...,.,.,...,.,,,.,.,.,
  02/08/08
Wow, Wilmer is overfuckingrated.
....,,,.....,.......,,..,.,,.,,.,.,.......,......
  02/09/08
King and Spalding: http://www.legalweek.com/Articles/109467...
Scalito
  02/11/08
Mayer Brown http://www.thelawyer.com/cgi-bin/item.cgi?id=13...
Scalito
  02/14/08
Weil Gotshal http://www.thelawyer.com/cgi-bin/item.cgi?id=1...
Scalito
  02/14/08
looks like the WSJ law blog finished the job for you: http:...
Katzenbach
  02/25/08
Nice, now I can spend more time updating my car threads.
Hazelrah
  02/26/08
CWT, WilmerHale, Morgan Lewis: http://www.legalweek.com/Arti...
Hazelrah
  02/07/08
PW: http://www.thelawyer.com/cgi-bin/item.cgi?id=131097&...
Hazelrah
  02/07/08
McDermott, Fenwick, Loeb: http://www.legalweek.com/Articles/...
Hazelrah
  02/07/08
Howrey, Dorsey: http://www.legalweek.com/Articles/1093552/Ho...
Hazelrah
  02/07/08
Quinn - $3 million. http://www.law.com/jsp/LawArticlePC.jsp...
....,,,.....,.......,,..,.,,.,,.,.,.......,......
  02/07/08
Thanks. I think Quinn was the second non-NY firm to top $2 ...
Hazelrah
  02/07/08
solid, thanks
Non sequitur
  02/07/08
Reed Smith teh Hizzla of law firms.
Mulholland Dr.
  02/07/08
what does that mean?
GWLaw23
  02/08/08
I'm so happy I picked Latham over Reed Smith (those are the ...
steve
  02/16/08
PPP isn't the best metric for determining 'better financial ...
sealclubber
  02/19/08
Latham: http://www.thelawyer.com/cgi-bin/item.cgi?id=131102&...
Hazelrah
  02/08/08
What do they account for Howrey's dramatic drop? I thought ...
hizzle
  02/08/08
howrey is a well-known toilet, sir. don't be fooled.
I_AM_A_COOL_DOOD
  02/08/08
How long does it take until you're pulling this kind of mone...
Puck42
  02/08/08
http://www.xoxohth.com/thread.php?thread_id=625780&mc=8&...
Hazelrah
  02/08/08
LOLwalader
Mahendra Singh Dhoni
  02/08/08
Cleary: http://www.legalweek.com/Articles/1094451/Cleary+kee...
Hazelrah
  02/08/08
Whole bunch of California additions: Gibson, O'Melveny, Shep...
Hazelrah
  02/08/08
Skadden: http://www.thelawyer.com/cgi-bin/item.cgi?id=131114...
Scalito
  02/11/08
Thanks for the additions; I've added them to the OP. Also a...
Hazelrah
  02/11/08
Baker Botts: http://www.legalweek.com/Articles/1095668/Texas...
Hazelrah
  02/13/08
Sidley and Nixon: http://www.legalweek.com/Articles/1095606/...
Hazelrah
  02/14/08
Profits per equity partner (PEP) at Weil Gotshal improved by...
MisterX
  02/14/08
Mayer Brown saw both revenue and partner profits increase by...
MisterX
  02/14/08
Thanks, added these to the above. Also WSGR: http://www.l...
Hazelrah
  02/14/08
DLA Piper: http://www.legalweek.com/Articles/1096601/DLA+Pip...
Hazelrah
  02/15/08
Profits per equity partner (PEP) at Paul Hastings were up to...
MisterX
  02/16/08
the only question I care about is when will associate pay go...
steve
  02/16/08
and yet you patted yourself on the back above because your f...
sealclubber
  02/19/08
Hogan & Hartson: http://www.thelawyer.com/cgi-bin/item.c...
Hazelrah
  02/19/08
Shearman Sterling Global revenue grew by 9.4% to $921m (&...
MisterX
  02/21/08
Added, thanks.
Hazelrah
  02/21/08
"Greenberg Traurig has posted a 15 per cent increase in...
Hazelrah
  02/23/08
Baker & McKenzie has reported global turnover growth of ...
MisterX
  02/25/08
Added, thanks.
Hazelrah
  02/25/08
someone post katten muchin
I like the way ya Gwerk it
  02/26/08
Stoel Rives?
evan39
  02/26/08
"Dewey & LeBoeuf today (Monday 25 February) announc...
Hazelrah
  02/26/08
S&C
HarmonyKorine
  03/04/08
Thanks, sorry I missed this earlier.
Hazelrah
  03/05/08
Profits per equity partner (PEP) at Debevoise rose by rose b...
MisterX
  03/06/08
Added, thanks.
Hazelrah
  03/06/08
Fried Frank Harris Shriver & Jacobson has announced its ...
MisterX
  03/17/08
http://www.thelawyer.com/cgi-bin/item.cgi?id=131857 Kirkl...
MisterX
  03/25/08


Poast new message in this thread





Date: February 7th, 2008 1:44 PM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

Law firms are reporting financial info, so I might as well collect them into one list. Sources are in the posts below. As usual, I reserve judgment on whether any of this info is actually "useful" -- if you prefer some other metric like revenue per lawyer, wait for AmLaw or run the numbers yourself. If you have an addition, please post to this thread.

Last year's numbers are here: http://www.xoxohth.com/thread.php?thread_id=563047&mc=57&forum_id=2#7412059

Firm - PPP (percent change) / PPP including nonequity partners

Sullivan - $3.13m (+11%)

Quinn - $3.01m

Cadwalader - $2.72m (-6%)

Paul Weiss - $2.6m (+4%)

Milbank - $2.53m (+16.4%)

Dechert - $2.35m (+18%)

Debevoise - $2.29m (+26.5%)

Skadden - $2.28m (+9%)

Latham - $2.27m (+22%)

Willkie - $2.23m (+10%)

Cleary - $2.17m (+7%)

Weil - $2.11m (+11%)

Paul Hastings - $1.92m (+20%)

Gibson - $1.9m (+8.5%)

Irell - $1.9m

Shearman - $1.847m (+11.9%)

Orrick - $1.67m (+16%)

White & Case - $1.67m (+11.3%)

O'Melveny - $1.64m (+0%)

Dewey - $1.57m (+10%)

McDermott - $1.52m (+8%)

Wilson Sonsini - $1.44m (+9.9%)

Morgan Lewis - $1.43m (+15%)

Cooley Godward - $1.4m (+42%)

King & Spalding - $1.4m (+6%)

Sidley - $1.38m (+5.7%)

Baker Botts - $1.30m (+18.6%)

Morrison & Foerster - $1.3m (+15%)

Greenberg Traurig - $1.3m (+9%)

Munger - $1.3m

Loeb & Loeb - $1.29m (+10%)

DLA Piper - $1.28m (+8.3%)

Winston - $1.28m (+6.5%)

Manatt - $1.25m (+14%)

Mayer Brown - $1.24m

Sheppard Mullin - $1.2m (+19%)

Hogan - $1.19m (+18%)

Baker & McKenzie - $1.06m (+22%)

WilmerHale - $1.06m (+8.6%)

Fenwick - $1.02m(+8%)

Heller - $1.01m (-3%)

Howrey - $1.01m (-17.5%)

Reed Smith - $1m (+6%)

Heller Ehrman - $1m (-3.5%)

Pillsbury - $985k (+13%)

Townsend - $740k (-48%)

Dorsey - $672k (+30%)

Nixon - $653k (+13%)

Luce Forward - $605m (+7%)

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9287118)





Date: February 7th, 2008 3:14 PM
Author: Strong&Bald Arm&HammerDood

lulz @ howrey... -17.5%!!!

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9287710)





Date: February 8th, 2008 5:14 AM
Author: ...,.,.,...,.,,,.,.,.,



(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9292018)





Date: February 9th, 2008 12:02 PM
Author: ....,,,.....,.......,,..,.,,.,,.,.,.......,......


Wow, Wilmer is overfuckingrated.

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9297703)





Date: February 11th, 2008 10:22 AM
Author: Scalito

King and Spalding:

http://www.legalweek.com/Articles/1094673/Atlanta's+King++Spalding+has+steady+'07.html

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9307593)





Date: February 14th, 2008 11:05 AM
Author: Scalito

Mayer Brown

http://www.thelawyer.com/cgi-bin/item.cgi?id=131229&d=415&h=417&f=416

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9324129)





Date: February 14th, 2008 11:06 AM
Author: Scalito

Weil Gotshal

http://www.thelawyer.com/cgi-bin/item.cgi?id=131227&d=415&h=417&f=416

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9324140)





Date: February 25th, 2008 4:15 PM
Author: Katzenbach

looks like the WSJ law blog finished the job for you:

http://blogs.wsj.com/law/2008/02/24/for-law-firms-too-2008-shaping-up-to-be-tough/

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9385590)





Date: February 26th, 2008 1:18 AM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

Nice, now I can spend more time updating my car threads.

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9388284)





Date: February 7th, 2008 1:44 PM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

CWT, WilmerHale, Morgan Lewis: http://www.legalweek.com/Articles/1093444/Cadwalader+hit+by+6+PEP+drop+as+US+firms%E2%80%99+2007+results.html

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9287120)





Date: February 7th, 2008 1:45 PM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

PW: http://www.thelawyer.com/cgi-bin/item.cgi?id=131097&d=415&h=417&f=416

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9287125)





Date: February 7th, 2008 1:46 PM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

McDermott, Fenwick, Loeb: http://www.legalweek.com/Articles/1093706/McDermott+PEP+up+8+as+fees+approach+1bn.html

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9287146)





Date: February 7th, 2008 1:48 PM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

Howrey, Dorsey: http://www.legalweek.com/Articles/1093552/Howrey+hit+by+175+tumble+in+profits.html

Willkie: http://www.legalweek.com/Articles/1091459/Fees+up+20+as+Willkie+Farr+unveils+'07+results.html

Reed Smith: http://www.legalweek.com/Articles/1084830/Reed+Smith+hits+1m+PEP+in+post-merger+results.html

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9287158)





Date: February 7th, 2008 1:50 PM
Author: ....,,,.....,.......,,..,.,,.,,.,.,.......,......


Quinn - $3 million.

http://www.law.com/jsp/LawArticlePC.jsp?id=1199931032897

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9287165)





Date: February 7th, 2008 1:51 PM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

Thanks. I think Quinn was the second non-NY firm to top $2 million (after Kirkland, and that was only a year or two ago) and now I believe they'll be the first top $3 million.

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9287176)





Date: February 7th, 2008 2:22 PM
Author: Non sequitur

solid, thanks

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9287342)





Date: February 7th, 2008 3:18 PM
Author: Mulholland Dr.

Reed Smith teh Hizzla of law firms.

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9287736)





Date: February 8th, 2008 3:50 AM
Author: GWLaw23

what does that mean?

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9291761)





Date: February 16th, 2008 9:37 AM
Author: steve

I'm so happy I picked Latham over Reed Smith (those are the only big firms I got offers from). Reed Smith may have more of a lifestyle firm reputation, but Latham is not a dungeon and the firm is on a much better financial footing.



(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9335064)





Date: February 19th, 2008 1:23 PM
Author: sealclubber

PPP isn't the best metric for determining 'better financial footing.' So feel better if you must, but until you are the partner making more at Latham than you would be at RS, you are just playing the part of the pawn.

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9351771)





Date: February 8th, 2008 3:47 AM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

Latham: http://www.thelawyer.com/cgi-bin/item.cgi?id=131102&d=415&h=417&f=416

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9291746)





Date: February 8th, 2008 3:51 AM
Author: hizzle

What do they account for Howrey's dramatic drop? I thought IP was pretty safe generally. I've heard they were very strong for IP in DC. Is this now a firm to avoid if you're interested in IP?

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9291766)





Date: February 8th, 2008 12:58 PM
Author: I_AM_A_COOL_DOOD

howrey is a well-known toilet, sir. don't be fooled.

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9292972)





Date: February 8th, 2008 5:20 AM
Author: Puck42

How long does it take until you're pulling this kind of money in however? I mean, consider you make partner after 8 years that puts you at 33 yrs old. Is it safe to assume you're making the average by the time you hit 40? Before? After?

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9292038)





Date: February 8th, 2008 12:38 PM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

http://www.xoxohth.com/thread.php?thread_id=625780&mc=8&forum_id=2

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9292881)





Date: February 8th, 2008 5:44 AM
Author: Mahendra Singh Dhoni

LOLwalader

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9292070)





Date: February 8th, 2008 2:25 PM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

Cleary: http://www.legalweek.com/Articles/1094451/Cleary+keeps+on+growth+track+as+fees+hit+900m.html

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9293357)





Date: February 8th, 2008 2:31 PM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

Whole bunch of California additions: Gibson, O'Melveny, Sheppard, Irell, Munger, Manatt, Luce Forward etc: http://www.law.com/jsp/article.jsp?id=1202469637231

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9293386)





Date: February 11th, 2008 10:20 AM
Author: Scalito

Skadden: http://www.thelawyer.com/cgi-bin/item.cgi?id=131114&d=415&h=417&f=416



(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9307591)





Date: February 11th, 2008 12:59 PM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

Thanks for the additions; I've added them to the OP. Also added Dechert: http://www.legalweek.com/Articles/1094867/Dechert+joins+double-digit+club+for+'07+results.html and White & Case: http://www.thelawyer.com/cgi-bin/item.cgi?id=131114&d=415&h=417&f=416

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9307986)





Date: February 13th, 2008 11:01 AM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

Baker Botts: http://www.legalweek.com/Articles/1095668/Texas+leader+in+19+profits+surge.html

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9318448)





Date: February 14th, 2008 1:07 AM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

Sidley and Nixon: http://www.legalweek.com/Articles/1095606/US+quartet+post+healthy+revenue+rises+for+2007.html

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9322982)





Date: February 14th, 2008 12:53 PM
Author: MisterX

Profits per equity partner (PEP) at Weil Gotshal improved by 11% to reach $2.11m (£1.07m). Total revenue at the New York law firm increased by 12% to $1.175bn (£596.8m), up from $1.050bn (£533.4m) in 2006.

Milbank, meanwhile, more than doubled its growth rate of 2006 to record an 18.8% surge in global fee income, from $540.8m (£274.6m) to $642.5m (£326.2m). PEP rose by a similar amount, up 16.4% to $2.53m (£1.28m), compared to $2.17m (£1.10m) in 2006.

http://www.legalweek.com/Articles/1096229/Weil+breaks+2m+PEP+as+Milbank+ups+pace.html

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9324727)





Date: February 14th, 2008 12:58 PM
Author: MisterX

Mayer Brown saw both revenue and partner profits increase by 9%, with turnover at the top 10 US firm rising from $1.084bn (£550.4m) in 2006 to a new mark of $1.183bn (£600.6m).Profits per equity partner (PEP) moved to $1.24m (£629,000) in 2007, up from $1.14m (£577,000) for the year before.

Winston saw revenues increase by 14% in 2007, reaching $697.4m (£354.0m), compared to $612m (£311m) in 2006.

PEP increased by 6.5% at the Chicago firm to hit $1.28m (£649,000), up from last year’s figure of $1.20m (£609,000).

http://www.legalweek.com/Articles/1096198/Mayer+Brown,+Winston+unveil+strong+'07+figures.html



(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9324770)





Date: February 14th, 2008 1:19 PM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

Thanks, added these to the above.

Also WSGR: http://www.legalweek.com/Articles/1096475/Fees+up+75+but+profits+flat+at+O'Melveny.html

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9324879)





Date: February 15th, 2008 12:36 PM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

DLA Piper: http://www.legalweek.com/Articles/1096601/DLA+Piper+smashes+2bn+barrier+for+global+revenue.html

Paul Hastings: http://www.thelawyer.com/cgi-bin/item.cgi?id=131246&d=415&h=417&f=416

Heller: http://www.thelawyer.com/cgi-bin/item.cgi?id=131099&d=415&h=417&f=416

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9330358)





Date: February 16th, 2008 9:10 AM
Author: MisterX

Profits per equity partner (PEP) at Paul Hastings were up to reach $1.92m (£979,000), an improvement of 19.6% from last year’s mark of $1.61m (£821,000). Total revenue, meanwhile, was up 20% from $813.5m (£414.6m) to a new high of $976m (£498m) in 2007.

http://www.legalweek.com/Articles/1096991/Fees+and+profits+up+a+fifth+at+Paul+Hastings.html

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9335031)





Date: February 16th, 2008 9:34 AM
Author: steve

the only question I care about is when will associate pay go up? Making partner is statistically so difficult that I discounted it on day 1. You have to suck major cock to make partner.

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9335063)





Date: February 19th, 2008 1:26 PM
Author: sealclubber

and yet you patted yourself on the back above because your firm's partners are doing so "well"?

So apparently, it's not the only question your care about, although maybe it should be.

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9351782)





Date: February 19th, 2008 1:17 PM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

Hogan & Hartson: http://www.thelawyer.com/cgi-bin/item.cgi?id=131258&d=415&h=417&f=416

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9351756)





Date: February 21st, 2008 10:52 AM
Author: MisterX

Shearman Sterling

Global revenue grew by 9.4% to $921m (£471m), up from a mark of $842m (£430m) in 2006. Profits per equity partner (PEP), meanwhile, were up 11.9% to a new mark of $1.847m (£944,000), compared to $1.65m (£843,000) in 2006.

http://www.legalweek.com/Articles/1098496/City+leads+for+Shearman+in+strong+'07+results.html

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9362663)





Date: February 21st, 2008 12:18 PM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

Added, thanks.

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9362974)





Date: February 23rd, 2008 2:58 PM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

"Greenberg Traurig has posted a 15 per cent increase in gross revenue for 2007, with turnover at the US national firm rising from $1.04bn (£519m) to $1.2bn (£599m).

Average profit per equity partner (PEP) at the expansionist firm rose by just under 9 per cent, hitting $1.3m (£650,000) from $1.2m (£600,000) in 2006. Total compensation for Greenberg's 288 full equity partners rose 14.6 per cent to $374.9m (£187.4m) while compensation to the 476 non-equity partners rose 24 per cent, to $205.5m (£102.7m).

Greenberg chief executive Cesar Alvarez said it had been "a good year", with the firm ending 2007 almost $20m (£10m) above budget."

http://www.thelawyer.com/cgi-bin/item.cgi?id=131353&d=415&h=417&f=416

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9374316)





Date: February 25th, 2008 12:34 AM
Author: MisterX

Baker & McKenzie has reported global turnover growth of 20 per cent in the 2007 financial year, with total income rising to $1.83bn (£910m). The firm's average profit per equity partner figure rose by 22 per cent over the year, breaking the $1m (£500,000) level for the first time to reach $1.06m (£530,000).

http://www.thelawyer.com/cgi-bin/item.cgi?id=127953

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9382505)





Date: February 25th, 2008 1:50 PM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

Added, thanks.

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9384863)





Date: February 26th, 2008 1:15 AM
Author: I like the way ya Gwerk it

someone post katten muchin

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9388273)





Date: February 26th, 2008 1:16 AM
Author: evan39

Stoel Rives?

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9388275)





Date: February 26th, 2008 1:08 PM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

"Dewey & LeBoeuf today (Monday 25 February) announced its first financial results since the merger of Dewey Ballantine and LeBoeuf Lamb Greene & MacRae last year.

Global revenue for 2007 was just over $1bn (£500m), representing an approximate increase of 9 per cent on the combined revenues of Dewey Ballantine and LeBoeuf for 2006, which add up to $921m (£460.4m). That year the two firms reported revenues of $408m (£203.9m) and $513m (£256.4m) respectively.

The average profit per equity partner (PEP) of the two firms in 2006 was $1.43m (£715,000). On that basis, PEP increased by almost 10 per cent last year, to $1.57m (£785,000)."

http://www.thelawyer.com/cgi-bin/item.cgi?id=131458&d=415&h=417&f=416

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9390449)





Date: March 4th, 2008 8:05 AM
Author: HarmonyKorine
Subject: S&C

Sullivan & Cromwell has broken through the $1bn (£500m) revenue barrier for the first time, topping $3m (£1.51m) average profit per equity partner (PEP) in the process.

Internal sources have estimated that revenue will rise by approximately 12 per cent to $1.01bn (£508m) and PEP will rise by 11 per cent to $3.13m (£1.57m). While these figures are initial estimates, it is clear that Sullivan has achieved the iconic $1bn revenue and $3m PEP benchmarks.

http://www.thelawyer.com/cgi-bin/item.cgi?id=131498&d=415&h=417&f=416

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9425516)





Date: March 5th, 2008 4:55 AM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

Thanks, sorry I missed this earlier.

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9431817)





Date: March 6th, 2008 9:41 AM
Author: MisterX

Profits per equity partner (PEP) at Debevoise rose by rose by 26.5% from $1.81m (£908,000) last year to a new high of $2.29m (£1.15m). Global revenue, meanwhile, was up by 23.4% from $575m (£288m) in 2006 to $709.54m (£355.84m).

http://www.legalweek.com/Articles/1103537/New+York's+Debevoise+has+stellar+'07.html

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9437459)





Date: March 6th, 2008 1:03 PM
Author: Hazelrah (http://xoxoreader.blogspot.com/)

Added, thanks.

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9438157)





Date: March 17th, 2008 11:03 AM
Author: MisterX

Fried Frank Harris Shriver & Jacobson has announced its financial results for the 2007-08 year.

Figures for Fried Frank's fiscal year, which unusually for a US firm closes at the end of February, show a 14 per cent increase in gross revenue to $537.4m (£268.6m) and a 5 per cent rise in average profit per equity partner (PEP), to $1.6m (£800,000).

http://www.thelawyer.com/cgi-bin/item.cgi?id=131775&d=415&h=417&f=416

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9488703)





Date: March 25th, 2008 11:06 AM
Author: MisterX

http://www.thelawyer.com/cgi-bin/item.cgi?id=131857

Kirkland 2.25 (12.3%)

Jones Day 770k

Simpson 2.87 (15.3%)

Davis Polk 2.4 (12.1)

Akin 1.2 (-7.0%)

Hunton Williams 850k (13.3%)

Fulbright 777k (.9%)

Cravath 3.30 (10%)

Vinson Elkins 1.2 (7.1%)

Wachtell 4.48 (14.9%)

(http://www.autoadmit.com/thread.php?thread_id=761861&forum_id=2#9528519)