Jon Van Gorp, chairman, Mayer Brown. Courtesy photo Mayer Brown's Profits Dipped but Firm Held Onto Revenue Gains
The firm said it wants to continue to build in Asia, where it has a presence in Tokyo, China, Hong Kong and Singapore, pointing out that forecasts show growth in the region this year, while in the U.S. and Europe, forecasts predict flat or minimal gains.
March 22, 2023 at 03:56 PM
5 minute read
Law Firm Profitability
The original version of this story was published on The American Lawyer
Mayer Brown, pointing to the firm's strong investments in lateral hiring, even during a "tough environment" that slowed M&A deals, saw roughly 5% declines in profits per equity partner and revenue per lawyer last year.
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