Pillsbury Winthrop Shaw Pittman saw improvement in several key financial metrics in 2016. But new chairman David Dekker said that despite a stronger performance than in 2015, lack of bench depth could still be hindering the firm’s revenue growth in some areas.
Gross revenue increased 3 percent, to $573.5 million, and revenue per lawyer climbed 2.2 percent, to $950,000. With 145 equity partners in 2016—seven fewer than the year before, a decrease of 4.6 percent—profits per partner rose 2.5 percent, to nearly $1.22 million.
