Fish & Richardson Grows Profits, Revenue Amid Patent Litigation Headwinds
The firm saw modest revenue growth and a 7.2 percent rise in profits per equity partner in 2018.
March 06, 2019 at 04:28 PM
4 minute read
Despite a declining volume of new patent litigation in the U.S., intellectual property powerhouse Fish & Richardson managed to increase gross revenue in 2018 to nearly $431 million, while profits per equity partner grew by more than 7.2 percent to just under $1.75 million.
Fish posted a 3.4 percent growth in top-line revenue in 2018, bringing its total to $430,86 million, up from $416.78 million in 2017, according to ALM data.
Revenue per lawyer reached $1.21 million, up 1.3 percent from 2017, amid a 2 percent increase in head count to 356 lawyers.
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