Goodwin Procter chair Robert Insolia. Courtesy photo Playing the 'Long Game,' Goodwin's Profits Drop 6% Even as Revenue Rises Double Digits
Speaking shortly after the firm's layoffs, chair Robert Insolia said Goodwin's size is now appropriate for the amount of work it has, and the firm remains committed to long-term growth over short-term results.
February 17, 2023 at 04:31 PM
6 minute read
Law Firm Profitability
Before Goodwin Procter announced it was laying off attorneys and staff, the law firm enjoyed a 12% hike in gross revenue last year, up to $2.21 billion, but saw profits per equity partner slide down 6.4%.
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