Snell & Wilmer Reports Increase in Revenue, Profits

Matthew Feeney, chair of Snell & Wilmer (Courtesy photo)

Mid-market law firm Snell & Wilmer has reported modest financial growth in fiscal year 2018, driven by affordable legal services in offices throughout the western United States.

The firm's gross revenue in the past fiscal year edged up slightly to $262 million, up from the $260 million reported last year. Profits per equity partner increased 7.5 percent to $860,000 from $800,000, a gain partly attributable to the fact that two of the firm's 87 equity partners left, resulting in slightly more work and profits to distribute among the remaining 85.

A Snell & Wilmer representative attributed the modest financial gains to the firm's presence throughout the western U.S. The firm has offices in Salt Lake City, Denver, Las Vegas, Los Angeles, Orange County, Reno, Boise, Albuquerque, Tuscon, and Phoenix, in addition to Washington, D.C., Snell & Wilmer has one office in Mexico.