In Year of 'Difficult Decisions,' Perkins Coie Grows Revenue 4% and PEP 7.6%
The firm closed its office in Shanghai early this year, but chair Bill Malley said it plans to open an office in Shenzhen. He also said the firm is eyeing a possible launch in London, where it would emphasize its strengths in IP, litigation and privacy.
March 18, 2024 at 04:48 PM
5 minute read
Law Firm ProfitabilityThe original version of this story was published on The American Lawyer
Paying close attention to its personnel and head count expenses, Perkins Coie weathered a rough start to last year, including making staff layoffs in February and announcing associate deferrals later that year. Despite head count reductions, Perkins Coie hit an all-time high for revenue, up to $1.21 billion, and saw its profits per equity partner jump 7.6%, even with an equity tier expansion.
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