David Dekker, chair of Pillsbury Winthrop Shaw Pittman. Courtesy photo Profits Swell at Pillsbury Amid Strong Demand and Costs Trimming
Pillsbury's net income climbed 10% in 2023, after the firm focused growth on profitable practices, trimmed costs and improved operational efficiencies.
April 08, 2024 at 12:44 PM
6 minute read
Law Firm Profitability
What You Need to Know
- Revenue improved by 1.1%, but profits per equity partner improved by 16.5% in 2023 at Pillsbury Winthrop Shaw Pittman.
- Demand in countercyclical practices, and attention to costs, more than made up for softness in some transactional practices.
Revenue inched up and profits per equity partner improved by 16.5% at Pillsbury Winthrop Shaw Pittman last year, as strong demand in practices such as litigation, trade and sanctions, and insolvency and restructuring made up for softness on the transactional side.
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