Am Law Second Hundred Firms of Note: Dickstein Shapiro

, The American Lawyer

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The D.C. firm reports its weakest net income in more than 15 years.

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Originally appeared in print as Contingencies Fall Short

What's being said

  • Publius

    "revenue per lawyer [RPL] declined only 3 percent, to $815,000. The relatively steady number ‘really demonstrates the strength of our client base,‘ Kelly says." Kelly is wrong, and he knows it. The only thing a steady RPL demonstrates in this case is that the denominator has been greatly reduced to keep the number steady. In other words, the firm manipulated this ratio by shedding attorneys.

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