Biglaw Firm's Expansion Plan Behind Its Uptick In Revenue
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Biglaw
Mar 2023
Ed. Note: Welcome to our daily feature Trivia Question of the Day!
According to reporting by ALM, which Am Law 100 firm saw revenue increase 13.1% to $1.38 billion in 2022, in part because the firm added 170 lawyers (including 50 partners) and opened new offices?
Hint: "A major factor in our success is the lateral hiring and expansion we've done [in the past five years] for the health, growth and diversification of the firm," said the firm's co-chair. Of course, due to those lateral additions, and currency headwinds, profits per equity partner declined 5.5% last year to $3.69 million.
See the answer on the next page.
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according to reporting by alm
which am law 100 firm saw revenue increase 13.1% to $1.38 billion in 2022
in part because the firm added 170 lawyers (including 50 partners) and opened new offices?
hint: a??a major factor in our success is the lateral hiring and expansion wea??ve done [in the past five years] for the health
growth and diversification of the firm
a?? said the firma??s co-chair. of course
due to those lateral additions
and currency headwinds
profits per equity p
