For Debevoise & Plimpton, last year was one of flat financial metrics compared to 2011, as the New Yorkbased firm posted gross revenue of $675.5 million and profits per partner of $2.075 million, according to reporting by The American Lawyer.
"We had basically a steady performance in a flat market year," says presiding partner Michael Blair, who sees the results as in line with Citi Private Bank data showing demand for the services of Am Law 100 firms stagnating in 2012. "We’re comfortable with the performance, but it’s hard to say much more about it than that," says Blair, joking that he had been searching for a colorful way to frame the results.
