This Biglaw Firm’s Profits Per Equity Partner Are Sliding Down


Money up and down arrow

Ed. Note: Welcome to our daily feature Trivia Question of the Day!

According to reporting by ALM, which Am Law 100 firm saw its profits per equity partner decline 17.5% in 2022, despite the fact that the number of equity partners fell 15.8%?

Hint: This PEP drop — and the corresponding revenue plunge of 10.6% —comes at a time of transition for the firm; a new firm leader will take over as senior partner later this year.

See the answer on the next page.


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