Leaders of McDermott Are Now Focusing on Growth After Losses
10/20/11
Leaders Of McDermott Are Now Focusing On Growth After Losses
Including several practice group leaders, McDermott Will & Emery
in London, who is joining British IP boutique EIP. The agile failure comes in the midst of declining revenues and a lessening equity partnership. According to Am Law 100 figures, gross revenue of McDermott's in 2008 was $966 million and dropped down to $788.5 million in 2010. The firm lay off attorneys and staff during the recession and also saw its equity partner numbers drop to 185 from 266 during the same period.
Leaders Of McDermott Are Now Focusing On Growth After Losses
Including several practice group leaders, McDermott Will & Emery
in London, who is joining British IP boutique EIP. The agile failure comes in the midst of declining revenues and a lessening equity partnership. According to Am Law 100 figures, gross revenue of McDermott's in 2008 was $966 million and dropped down to $788.5 million in 2010. The firm lay off attorneys and staff during the recession and also saw its equity partner numbers drop to 185 from 266 during the same period. Want to read more law firm news?
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