At Wilson Sonsini, M&A, Tech and Life Sciences Fuel Big Gains
Managing partner Douglas Clark said the firm enjoyed strong client demand in a year when it was also investing heavily for the future.
March 02, 2020 at 05:11 PM
5 minute read
Buoyed by a strong year for deals and continuing work for established and emerging technology companies, revenue at Wilson Sonsini Goodrich & Rosati reached $961 million in 2019, representing a 12% increase and putting the Palo Alto-founded firm on track to cross the billion-dollar mark in 2020.
The firm saw smaller gains in profits per equity partner, which rose 3% to $2.24 million, and revenue per lawyer, up 1.9% to $1.14 million.
Net income was up 8.6% to $334 million, with the gains spread across a larger partnership: Partner head count was up 10%, including a net gain of seven equity partners to 138. Overall head count was also up 10%, to 842 lawyers.
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