Major players in California’s legal market had a good year, notching decent increases in revenue per lawyer and even greater gains in profits per partner. Firm leaders say that the results were helped by a robust M&A climate and strong demand for litigation and emerging-company work from the state’s tech industry.
Some firms boosted their bottom lines by paring back their numbers of equity partners or kept revenue per lawyer up by letting head count fall. Silicon Valley’s big native firms—Wilson Sonsini Goodrich & Rosati, Fenwick & West and Cooley—all posted double-digit revenue growth. But even firms not totally focused on tech benefited.
This content has been archived.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]
