Winston offices. Courtesy photo With Trials On Hold, Winston & Strawn Sees Revenue Slide But Profits Lift
The firm's global offices had particularly good years, with revenue increasing 20% increase in London and a profitable year in both Paris and Moscow, said firm chairman Tom Fitzgerald. The Hong Kong office also was "very productive" but it could not close on some transactions due to the pandemic and civil unrest.
March 24, 2021 at 03:51 PM
4 minute read
The original version of this story was published on The American Lawyer
With trials on a pandemic pause, Winston & Strawn's gross revenue declined by roughly 3% to $981.2 million last year. But profits were bolstered by reduced expenses, said firm chairman Tom Fitzgerald, and profits per equity partner increased by 4.6%, to $2.42 million.
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