Profitable firms are all alike; every unprofitable firm is unprofitable in its own way. Or is it the other way around? You can't know for sure by looking only at the numbers. Did profits surge because the firm decimated its ranks of equity partners? Did they shoot up because of an enormous one-time fee? Did they rise because the firm dumped its expensive digs and moved into more modest offices? Making sense of the financials of the D.C. area's most profitable law offices.
June 21, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Legal Times
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