Gibson Dunn revenue up, PEP dips

Gibson Dunn & Crutcher has announced a 5.44 per cent revenue hike for the 2008 financial year.

Firmwide revenue grew from $907.7m in 2007 up to $957.1m last year, while profit per equity partner (PEP) saw a dip of 1.32 per cent from $1.9m down to $1.87m.

The US firm made significant investment into its international network last year. In July The Lawyer reported on the firm hiring former UK Lord Chancellor Lord Falconer to bulk up its international litigation practice.

Last year Gibson Dunn launched its office in Singapore snaring a three partner team from Jones Day: Emad Khalil, John Viverito and Saptak Santra.

Earlier today The Lawyer reported on Mayer Brown announcing a 9.4 per cent revenue hike up to $1.29bn while PEP slumped by 10.5 per cent to $1.11m (6 February).

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