US firm posts 1.8% revenue rise as PEP falls despite 8.6% equity reduction
March 10, 2017 at 06:39 AM
1 minute read
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Orrick Herrington & Sutcliffe saw revenue grow 1.8% last year to $929m (£764m), but revenue per lawyer (RPL) and profits per equity partner (PEP) both declined, an outcome that chairman and CEO Mitchell Zuklie attributed partly to a lateral hiring spree by the firm.
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