In a Year of 'Precipitous' Change, Cooley's Profits Fell Nearly 17% as Revenue Surpassed $2 Billion
In London, revenue ticked up 1% to £77.7 million, after nearly 50% growth in the office in 2021. In Asia, the firm continues to have a strong fund formation practice in China and Hong Kong, as well as an increasingly active practice in Singapore, CEO Joe Conroy said.
March 23, 2023 at 01:26 PM
6 minute read
Law Firm ProfitabilityThe original version of this story was published on The American Lawyer
On the heels of layoffs in December, Cooley saw double-digit declines in net income and profits, though revenue inched up 1% to break past the $2 billion mark in 2022.
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