The firm resuscitated its financials in 2010, recovering from two years of decline with revenue that rose 8 percent and average profit per equity partner that cracked the million-dollar mark for the first time. Propelling those numbers, according to managing partner Mark D. Wasserman, were big cases and deals such as a pending suit seeking a $434 million tax refund for The Procter & Gamble Co. and handling the tax work for Kraft Foods Inc.s $19.6 billion purchase of chocolate-maker Cadbury Plc. Wasserman said the firm added about 50 new clients and talked to its existing roster with some success about rate increases for the future.
Janet L. Conley
*Variances shown are in comparison to 2009.
MONEY | ||
Revenue | $290,979,749 | 8.06% |
Revenue per lawyer | $762,785 | 7.09% |
Profit per partner | $1,012,465 | 13.57% |
LAWYERS | ||
Total lawyers | 381.47 | 3.42 |
Atlanta lawyers | 179.06/47% | 19.94 |
Partners | 170.01 | 1.74 |
Equity partners | 102.65 | 2.34 |
Atlanta size rank among firms offices | No. 1 |
Clients
Allied Capital Corp., Ameristock Corp., Cinnabar Ventures Inc., The Coca-Cola Co., Kraft Foods, McKesson Corp., Morgan Keegan & Co., Oglethorpe Power Corp., Patillo Companies, Schoeller-Bleckmann Oilfield Equipment AG, Teva Pharmaceutical Industries Ltd., Veolia Energy North America, Vitol Inc., Wilton Re U.S. Holdings Inc.
Offices