Revenue Growth Modest at Many Firms, But Profits Surge

, The Recorder

   |2 Comments

California firms managed to boost their profitability by controlling costs and cutting partners. Orrick chairman Ralph Baxter said his firm was following the lead of clients by doing more with less.

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What's being said

  • SOR - Solicitors

    California law firms managed to boost their profitability by controlling costs and cutting partners. Orrick chairman Ralph Baxter said his firm was following the lead of clients by doing more with less.

  • Mt. Pilatus

    I wonder if any of these profits were shared with the rest of their staff by these partners. I doubt it very much.

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