Orrick, MoFo suffer PEP falls at year-end
Orrick Herrington & Sutcliffe and Morrison & Foerster are the first US firms to announce results for the 2008 financial year. Orrick suffered a dip of 20.8 in profit per equity partner (PEP), from $1.66m in 2007 down to $1.315m in 2008. Global revenue grew by around 8 per cent, from $772m to $835m. Orrick […]