For the first time at McGuireWoods, profits per equity partner topped $1 million in 2015. The firm’s PPP reached $1.047 million, up 9.1 percent from the prior year, while size of the equity partnership declined 4.4 percent, from 182 partners to 174.
The firm’s gross revenue rose 5.4 percent, to $653.5 million, and revenue per lawyer increased 2.6 percent, to $677,000. Net income increased 3.9 percent, to $181.9 million.
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