Melissa Jones, managing partner of Stoel Rives. (Courtesy photo) Stoel Rives Sees Revenue, Head Count Fall, but Profits Inch Up Due to Higher-Value Work
Even as revenue, net income and head count fell at Stoel Rives in 2022, firm leader Melissa Jones said the firm is in a position of strength, as it continues to win more high-value work in litigation, environmental and energy matters.
May 19, 2023 at 05:27 PM
4 minute read
Stoel Rives saw revenue fall 2.5% to $263.36 million last year as its lawyer head count dipped 8.7%, linked to a wave of departures in Salt Lake City.
Managing partner Melissa Jones said the firm weathered the departures well, pointing to the modest revenue decrease and noted that Stoel Rives remains an attractive option for partners, especially in evolving legal markets.
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