Willkie's Revenue and Profits Grow Amid Nonequity Tier Expansion
Willkie's London revenue was up 8.1% from the previous year.
March 12, 2020 at 04:09 PM
5 minute read
The original version of this story was published on New York Law Journal
Willkie Farr & Gallagher saw solid growth in revenue and profits last year, as well as in its new nonequity partner ranks.
It was a busy year all around for Willkie. The firm's revenue rose 6.2% last year to $868 million, with the firm's chairmen saying a "double-digit" increase in litigation revenue helped the firm increase its top line. Meanwhile, Willkie grew its profits per equity partner by 2.6% to almost $3.17 million. The firm's growth came despite distracting headlines about a former Willkie co-chair pleading guilty last year in the college admissions scandal.
In London, Willkie reported $60 million in revenue, up 8.1% from $55.5 million the year before. The firm's chairmen said it had grown its ranks of private equity, tax and finance lawyers, and the firm's inventory going into 2020 was up, in line with the rest of the firm.
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