Wally Martinez, managing partner with Hunton Andrews Kurth. Courtesy photo With Strong Demand Across Practices, RPL Up 17.1%, PEP Up 18.9% at Hunton Andrews Kurth
Revenue improved by 11.7% at Hunton Andrews Kurth in 2021, despite a 4.6% drop in total lawyer head count.
April 18, 2022 at 04:38 PM
5 minute read
Law Firm Profitability
Boosted by demand across a range of practices, Hunton Andrews Kurth posted double-digit increases in key financial metrics in 2021, including an 11.7% increase in revenue despite a 4.6% dip in lawyer head count.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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