Gibson Dunn’s many 2017 hires offset increased revenue
Gibson Dunn & Crutcher’s 2017 financial reports show minor gains in global revenue, and a small drop in profits per partner.
The US firm’s global revenue rose 2%, from $1.61bn to $1.64bn. However, with 36 new lawyers bringing the firm’s total number of fee-earners to 1,275 in 20 offices, the profits per partner dipped slightly to $3.24m from $3.28m.
Gibson Dunn recruited several teams over the course of the year. These team hires include a group of six energy partners from Baker Botts, hired to launch its new Houston office, as well as four partners from Ropes & Gray and another four from Ashurst, who joined the firm’s Hong Kong and Paris offices respectively.