Profits per Partner up 7% at Wilmer Hale

After a rocky first half of the year, Wilmer Cutler Pickering Hale & Dorr posted a seven percent per partner profit increase last year, going from $1.08 million to $1.16 million. Total firm revenue was down slightly overall, but so was the partner headcount at 318, down from 330. The number of associates was up, despite mid year layoffs.

According to the firm, revenues in the first half of the year were down but made a strong recovery in the second half of the year, lead by the IP practice group which had a 10% growth in business. Also doing well were the bankruptcy practice and the anti-trust practice.

Wilmer Cutler Pickering Hale & Dorr LLP has twelve offices across the US, Europe and Asia. It was created in 2004 through the merger of the Boston’s Hale & Dorr and the Washington’s Wilmer Cutler & Pickering, and employs a little under 1000 attorneys worldwide.