Ending five years of continually strong profitability and revenue growth, Davis Polk & Wardwell posted anemic results in 2015.
February 24, 2016 at 05:26 PM
1 minute read
The original version of this story was published on The American Lawyer
Ending five years of continually strong profitability and revenue growth, Davis Polk & Wardwell had a mostly flat year in 2015, the firm said Thursday.
Profits per partner among the firm’s all-equity partnership rose to $3.33 million last year, up a slender 1.2 percent from 2014. Overall revenues edged very slightly downward, from $1.072 billion to $1.070 billion. Net earnings stood at $510 million, up 1.2 percent.
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