McDermott nears $800m at year end

McDermott Will & Emery has posted global gross revenues of $799.5m for the 2005 financial year ending 31 December, a rise of 7 per cent from last year’s $745m.

Average profit per equity partner stood at $1.28m, a similar 7.5 per cent increase from $1.19m last year, while revenue per lawyer was $773,200.

McDermott’s London head David Dalgano told The Lawyer that 2005, which included the ending of the US firm’s merger with the Italian Carnelutti, had been a “solid” year.