For White & Case, 2014 was a landmark year. For the first time, the firm reached $1.5 billion in gross revenue, $2 million in profits per partner and $800,000 in revenue per lawyer. PPP recorded a particularly robust bump of 7.2 percent, from $1.87 million in 2013; over three years, the firm’s PPP has jumped 36 percent.
“This is the culmination of what we’ve been doing for the past five years,” says chairman Hugh Verrier, whose firm embarked on a major reorganization in 2009. Verrier says White & Case met its goals of boosting profitability and productivity over the past five years while keeping head count roughly flat.
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