White & Case offices in Washington, D.C.

After Two 'Boom Years,' White & Case Sees Drop in Revenue and Profits

With its large international presence, over half of White & Case's revenue comes from offices outside the U.S. The firm derived 43.9% of its revenue from offices in Europe/Middle East/Africa and another 8.5% in the Asia-Pacific region, firm chair Hugh Verrier said.

April 12, 2023 at 05:31 PM

7 minute read

Law Firm Profitability

Patrick Smith

The original version of this story was published on The American Lawyer

In the wake of two consecutive outlier years, White & Case saw its gross revenue shrink slightly in 2022, down 1.5% to $2.83 billion, from a high-water mark of $2.87 billion in 2021. And amid a bump in the equity partner ranks, average profits per equity partner sank 20.2% to $2.8 million after crossing the $3.5 million mark last year.