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%.
The revenue growth was a record for Goodwin, the first time it’s crossed the $2 billion mark. Goodwin chair Robert Insolia said the law firm’s financial results are “derivative of focusing on our strategy, and executing on our strategy and nurturing and enhancing our culture.”
![Goodwin Procter YOY financial chart](https://images.law.com/contrib/content/uploads/sites/405/2023/02/goodwin-procter-yoy-financial-chart-767x633.jpg)
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]