Chase Simmons of Polsinelli. (Courtesy photo) Polsinelli Posts 20% Profit Gain This Year, Benefiting From Remnants of Deal Boom
Many firms in the Second 50 have still seen higher demand this year, even though transactional practices cooled off in 2022 and demand is lower across the industry.
December 14, 2022 at 07:11 AM
5 minute read
Law Firm Profitability
After making significant gains in 2021, Polsinelli continued the trend this year, posting a 20% increase in profits ($1.69 million per equity partner) after a 27% increase last year, according to preliminary financial reporting by American Lawyer. The firm's fiscal year ended on Oct. 31.
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