Home

Profits and Revenue Down at O’Melveny for Second Year Running
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

O’Melveny & Myers has reported a second year of revenue and profit loss. The Los Angeles-based firms litigation department, composing 55% of the companies lawyers,  has been receiving pressure from clients to lower rates. Coupled with a continuation of the economic downturn, 2009  has seen a gross revenue of $826.6 million, an 8.9% percent drop. The firms average equity partner showed a profit of $1.47 million, down by 4.2%. Laying off 90 lawyers last March, O’Melveny & Myers has seen a 7.9% decrease in total employees, and a 1% decline in per lawyer revenue to $960,000. On a brighter note, the firms expansion in Asia to around 100 lawyers was a factor leading to the growth of its nonequity partners by 33%.



 

RELEVANT JOBS

Associate Attorney

USA-PA-Exton

ASSOCIATE ATTORNEY McKenna Snyder LLC, a law firm in Exton, PA has an immediate opening for an ex...

Apply now

Attorney

USA-MI-Sturgis

Qualifications: HaasCaywood is seeking associate attorneys for our Coldwater and Sturgis, Michiga...

Apply now

Attorney

USA-MI-Coldwater

Qualifications: HaasCaywood is seeking associate attorneys for our Coldwater and Sturgis, Michiga...

Apply now

Deputy General Counsel / Senior Deputy General Counsel

USA-CA-Sacramento

Cal Cities Culture and Mission Cal Cities is dedicated to creating a collaborative and inclusive ...

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

SEARCH IN ARCHIVE

To Top