Gibson, Dunn & Crutcher reported gains across key financial metrics in 2013. The firm enjoyed its biggest bump in gross revenue, which rose 7.4 percent, to $1.386 billion, according to The American Lawyer’s reporting.
Gibson Dunn’s profits per partner and revenue per lawyer increased more modestly, with the former climbing 4.8 percent, to $2.948 million, and the latter edging up 1 percent, to $1.202 million. As with the gross revenue figure, both sums represent new records for the firm.
Says Gibson Dunn managing partner Kenneth Doran: “In what was clearly another challenging year for the industry, I’m very pleased that we completed another record year in terms of revenue, revenue per lawyer and profits per partner.” In explaining the results, Doran highlighted what he describes as the firm’s diverse practice strengths. “We are not overly invested in any single client, industry, geography or practice area, and that has served us well,” he says.
As in other recent years, Gibson Dunn’s relationship with Chevron Corp. served it well in 2013. Lawyers from the firm remained busy representing the energy giant in an array of legal matters stemming from the multibillion-dollar judgment that held Chevron liable for the toxic contamination of a section of Ecuador’s rainforest. Perhaps the most prominent Chevron-related matter Gibson Dunn handled last year was the civil RICO complaint the company brought against the Ecuadorean plaintiffs in federal district court in Manhattan in an effort to upend the mammoth judgment.
