Perkins Coie posted solid financial growth in 2016, with gross revenue edging up 4.3 percent to $781 million while profits per equity partner grew by 7.3 percent to just less than $1.2 million.
The 921-lawyer, Seattle-based firm’s profits per partner of $1.18 million and revenue per lawyer of $850,000 mark record highs, according to managing partner John Devaney, a longtime litigator who took over the firm leadership role in 2015. The firm also posted total net income of $206 million, which constitutes a 1.5 percent bump up compared with Perkins Coie’s 2015 financial results.
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