Cads, Orrick get profit wake-up calls
PEPs take a hit, but revenue picture is mixed. Orrick, Cadwalader PEPs take a hit, but revenue picture is mixed Early indications show that profits at US firms plummeted during the 2008 calendar year, with Orrick Herrington & ;Sutcliffe ;and ;Cadwalader Wickersham & Taft both reporting significant drops in average profit per equity partner (PEP). […]