Home

Early Data Shows Profits at Law Firms Increased in 2012
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

It seems as though the financial figures for 2012 at the top law firms in the United States show a slight increase in revenue and profits compared to 2011, according to The American Lawyer and Reuters.

There were 45 law firms that reported financial data in the first two months of 2013 to AmLaw. Out of those firms, revenue increase by an average of six percent. This number was at 4.4 percent in 2011. An increase of 7.4 percent was seen for profits per partner. This number was at 5.1 percent in 2011.

  
What
Where


Quinn Emanuel Urquhart & Sullivan reported the highest profits per partner, with $4.44 million, a 6.6 percent increase compared to 2011. Irell & Manella came in second with $3.42 million profit per partner, a 19 percent increase from 2011.

Bracewell & Giuliani, in Houston, showed the most robust growth in the profit per partner category. They jumped 42.2 percent to $1.45 million.

Holland & Hart topped the charts with a 22 percent increase in revenue to $248 million. Bracewell & Giuliani saw a 19.7 percent increase in revenue to $325 million.

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!!




Of the 45 law firms that reported data, nine of them reported a decline in profits per partner. Five of the firms reported a decline in their revenue. The largest decline in revenue and profits was at Shook Hardy & Bacon. At the firm, profits per partner dropped by 16 percent to $900,000. Revenue at the firm sank by 7.2 percent to $317 million.





 

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