Photo: Rick Kopstein/ALM Debevoise's Revenue Stays Flat As Profits Take A Hit
With an 11.8% decline in PEP, Debevoise's growing headcount and its move to a new Manhattan headquarters contributed to some of its increased expenses last year.
March 20, 2023 at 11:41 AM
3 minute read
Law Firm Profitability
The original version of this story was published on The American Lawyer
Debevoise & Plimpton, with growing expenses and head count last year, saw flat revenue growth, at roughly $1.33 billion, and an 11.8% decline in average profits per equity partner, down to $4.42 million
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