Gross revenue and partner profits both took a hit in 2015.
February 05, 2016 at 08:01 PM
1 minute read
The original version of this story was published on Law.Com
Gross revenue at Cadwalader, Wickersham & Taft fell 3.7 percent, to $463.5 million, in 2015, while partner profits declined 6.8 percent, to $2.06 million, the firm reported.
Revenue per lawyer also took a hit, dropping 2.8 percent, to $1.04 million. The firm added 11 new lateral partners last year, but overall lawyer head count decreased from 452 to 448.
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