David Taylor firm chair and partner with Locke Lord. Courtesy Photo Demand Improved Across Practices at Locke Lord, Leading to a 5.8% Jump in Revenue
Net income dropped by 5.7% in 2021 at Locke Lord, but profits per equity partner improved by 17.1% with fewer equity partners.
March 09, 2022 at 12:13 PM
5 minute read
Law Firm Profitability
The original version of this story was published on Texas Lawyer
Fueled by increased demand across a range of practices, revenue at Locke Lord improved by 5.8% in 2021, even as the firm slimmed down, losing 3.6% of its lawyers, and net income dropped by 5.7%.
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