Los Angeles-based firm O’Melveny & Myers has unveiled a 23 per cent increase in profit per equity partner (PEP) for 2005.
The firm’s year-end figures, calculated at the end of January, showed an increase in PEP to $1.61m in 2005, up from $1.31m in 2004.
Gross revenue was also up 16 per cent to $808m compared to last year’s $697m, while revenue per lawyer increased to $827,000, up 8 per cent from $766,000 in 2004.
|