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Chicago’s Sonnenschein reports gross revenue was $492 million for 2008, up nearly 3%. Revenue per lawyer also increased about 3%, to $809,000.
But profits-per-partner decreased 12%.
Last year, Sonnenschein went through two rounds of layoffs. Then the firm recruited 100 attorneys from Thacher Proffitt & Wood.
Sonnenschein Nath & Rosenthal LLP is an international law firm with 700 lawyers and other professionals in the United States and Europe. Founded in Chicago in 1906, it has 14 offices in the US and Europe.
