Wilmer's D.C. offices at 1875 Pennsylvania Avenue, NW. Why Wilmer, Boasting Another Year of High Profits, Is Content With Its Modest Revenue Bump in 2021
There are more firms in the Am Law 200 with profit margins below 28% than firms with profit margins over 53%. The lowest profit margin in Big Law, according to ALM's current figures, is just 14%.
March 25, 2022 at 06:31 PM
5 minute read
Wilmer Cutler Pickering Hale and Dorr saw a 4.3% increase in total revenue in 2022, and while that figure shadows in comparison to some of the lofty heights of many transaction-centric law firms, Wilmer's senior management is content with the number.
Since co-managing partner Robert Novick took the reins 11 years ago, the firm hasn't backslid on growth. So, for him, the trend line is heading in the right direction.
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