O'Melveny & Myers Caps 2016 With 5% Revenue Growth

Law360, New York (February 28, 2017, 3:33 PM EST) -- O'Melveny & Myers LLP saw its gross revenue rise 5.3 percent to $725 million in 2016 and its partners experienced double digit percentage gains in profit for the second year in a row, the firm announced on Tuesday.

The profit per equity partner at O'Melveny rose 11 percent to $1.95 million in 2016, up from $1.76 million the year before, as the average revenue per lawyer also increased to $1.12 million. That number is 3 percent higher than the 2015 level of $1.087 million and the highest revenue per lawyer ever recorded by the firm.

Additionally, net income at O'Melveny rose...

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