Arnall Golden Gregory had a very good yearbetter than the firm expected, said its managing partner, Glenn P. Hendrix. Revenue increased 7 percent and profit per partner shot up 24 percent. Revenue per lawyer increased 9 percent. Compare that to 2009, when revenue dropped more than 11 percent, dragging down profit per equity partner by $62,340 or almost 12 percent, and revenue per lawyer by $40,536 or almost 8 percent. Hendrix said hed anticipated a better 2010, since the firm started the year with a good pipeline of work, but I didnt think it was going to be up this much. It wasnt until the last two weeks of December, when the firms clients closed several deals, that the year went from good to excellent, he said. We collected a lot of cash when the deals closed and that helped out a lot.
Meredith Hobbs
*Variances shown are in comparison to 2009.
MONEY | ||
Revenue | $62,100,000 | 7.25% |
Revenue per lawyer | $521,849 | 9.06% |
Profit per partner | $585,500 | 23.84% |
LAWYERS | ||
Total lawyers | 119 | 2 |
Atlanta lawyers | 119/100% | 2 |
Partners | 68 | 3 |
Equity partners | 38 | 1 |
Atlanta size rank among firms offices | No. 1 |
Clients
Americold Logistics, Colonial Pipeline, CryoLife, Formation Capital, Integral Group, Kindred Healthcare, Network Services Co., Peachtree Settlement Funding, Pruitt Corp., Rich Products, SavaSeniorCare, SunTrust Bank, Sysco Corp., Verizon Communications, West-Ward Pharmaceuticals Corp.
Offices