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Orrick and MoFo post double-digit PEP falls

Author: Amanda Royal and Zusha Elinson

12 Jan 2009 | 14:39

A number of major US firms have posted plunging partner profits for 2008 as the first financial results emerge from the buffeted US legal market. Orrick Herrington & Sutcliffe and Morrison & Foerster (MoFo) saw profits per equity partner (PEP) fall by 21% and 13% respectively, as rising costs, inclu ...

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