International Law

Partner Profits Plummet 37% at Clifford Chance; Skadden Now #1 Firm By Revenue

By Martha Neil

Jul 1, 2009, 04:02 pm CST

What was until recently the world's top-grossing law partnership has announced its preliminary results for the fiscal year that ended April 30, and the picture isn't a pretty one.

Profits per equity partner at London-based Clifford Chance dropped 37 percent compared to the previous fiscal year, and the firm's overall… full story