After enjoying record years in both 2009 and 2010, Brown Rudnick saw its gross revenue drop 4.5 percent to $158 million and its profits per partner fall 5.7 percent to $1.23 million last year, according to The American Lawyer’s reporting. The Boston-based firm’s overall lawyer head count held steady at 184, and revenue per lawyer was off 3.9 percent to $860,000.
Brown Rudnick’s 2011 financial performance marks something of a leveling-off after two straight years of rapid growth pushed profits per partner past the $1 million mark. The firm’s profits jumped 15.4 percent in 2009 and an eye-popping 36.6 percent in 2010.
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