Home

Proskauer Rose’s Profits Fall 10% in 2008
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Am Law 100 firm Proskauer Rose’s profits per equity partner dropped 10% in 2008 to $1.4 million.

Revenues increased marginally, by 1%, to $634 million. Revenue per lawyer dipped slightly to $916,000.

Total headcount attorney rose slightly from 685 in 2007 to 692 in 2008. The number of equity partners was up two in 2008; 10 new non-equity partners also joined.

  
What
Where


Unlike most Am Law 100 firms, Proskauer’s financial year ends October 31st, so the numbers only cover about a month and a half of the financial crisis prompted by Lehman Brothers’ mid-September collapse.

Despite this, the firm’s performance in November and December was roughly in line with the previous six months.

In 2008, Proskauer Rose added an office in Hong Kong, and announced plans to launch in Beijing. The firm also added a Chicago office following the hire of a three-partner insurance litigation team from Mayer Brown.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




In December, the firm cut 35 associates and 25 administrative staff.





 

RELEVANT JOBS

Personal Injury Insurance Defense Attorney

USA-CA-Los Angeles

Hickey Smith Dodd is seeking a Personal Injury Insurance Defense Attorney in the Southern California...

Apply now

Associate Attorney - Defense Litigation Experience

USA-TX-Dallas

Galloway\'s Dallas office is seeking an Associate Attorneys with 2 - 5 years of experience to handle...

Apply now

Part-time Staff Attorney – Housing and Homelessness Prevention Unit

USA-CA-Santa Ana

  Part-time Staff Attorney – Housing and Homelessness Prevention Unit ...

Apply now

Staff Attorney – Housing and Homelessness Prevention Unit

USA-CA-Santa Ana

Full-time Staff Attorney – Housing and Homelessness Prevention Unit Organization Descriptio...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Education Law Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with ...

Apply Now

Education Law Attorney

USA-CA-Carlsbad

Carlsbad office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with 4-...

Apply Now

Education Law and Public Entity Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law and public ent...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top