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: Legal Pad | LA

Antitrust, IP litigation push Gibson Dunn's revenues up 5%

By Jonathan Hayter

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Gibson,Dunn & Crutcher hasn't made it into the billion dollar club just yet, but with a modest uptick in revenue it's getting closer.

The firm reports that gross revenue rose 5.4 percent to  $957 million, however other financial metrics fell, presenting a slightly more sobering picture. Gibson Dunn's profits per partner declined 1.3 percent to $1.9 million, while revenue per lawyer dropped 4.3 percent to $1 million.

For firm chairman Kenneth Doran, the mixed financial bag is a positive development. "All in all, given what is happening in the market, I am very pleased with our results," Doran says. "I think it reflects the strength of the firm."

Full story on amlawdaily.com.

Full post as published by Legal Pad | LA on February 06, 2009 (boomark / email).

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