Revenue, Income Up Overall At Firms in 2011: Report

Law360, New York (September 15, 2011, 8:38 PM EDT) -- Revenue, income and profits earned per partner at some of the nation's largest law firms were up in the first half of 2011, according to a new report issued Wednesday by Wells Fargo Wealth Management's Legal Specialty Group.

Gross revenue was up 4.5 percent overall, while income was up 2.5 percent, according to the report. Revenue per attorney was up 3.5 percent, while profits per partner increased 3 percent over 2010.

"The first six months of 2011 are strong," said Jeffrey Grossman, managing director of the...
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