Covington revenue up 9% in London and 13% globally

Covington & Burling has reported its latest financial figures, revealing 9 per cent revenue growth in London and 13 per cent globally. London revenue increased from $63.6m to $69.5m, with global revenue up from $742.5m to $838.5m. Profit per equity partner (PEP) increased by 16 per cent, coming at $1.5m, while headcount grew by 45 lawyers to a total of 838. Tim Hester, Covington chair, credits the growth to the firm’s investments over the past few years, including bringing on new partners to expand its London office.

Covington revenue up 9% in London and 13% globally thelawyer.com Tue, Mar 7, 2017