Gibson Dunn Revenues Up, No Layoffs Planned

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Am Law 100 firm Gibson, Dunn & Crutcher reports that gross revenue rose 5.4% to $957 million in 2008.

Gibson Dunn’s profits per partner declined 1.3% to $1.9 million, while revenue per lawyer dropped 4.3% to $1 million.

In May, Gibson Dunn announced the opening of an office in Singapore, bringing the firm’s office total to 15.

  

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The Los Angeles-founded firm added 25 lateral partners, more than double the number of laterals it hired during any prior year. The 920-lawyer firm’s legal talent grew by 10%.

The firm intends to attract more laterals in 2009.

Founded in 1890, Gibson Dunn has almost 1000 attorneys and over 2000 staff located in 15 offices around the world.