Quinn Emanuel just printed free money again because their London office smashed revenue records for the second straight time. The litigation shop saw cash flow jump three percent to hit 227 million pounds. Profits climbed seven percent to reach 153 million pounds, which signals a recovery after a weird income drop previously blamed on write-offs.
Their profit margin sits at a ridiculous 68 percent. That efficiency comes from focusing purely on disputes since opening the London branch back in 2008. Turnover actually doubled over the last six years. Michael Carlinsky claims equity partners will take home an average of nine million dollars each, which puts them in a very exclusive club.
Headcount remained steady at thirty-two top lawyers despite some shuffling. William Charles joined from Milbank while James McSweeney got a promotion recently. Dominic Savage arrived from McDermott and Robert Hickmott came back as general counsel. They also hired more counsel staff but saw associate retention dip slightly lower than before.
Richard East calls the performance solid with better profitability than last time. He bragged about handling eleven High Court trials and multiple appeals across the system. The firm apparently lost a couple of people to Wilkie Farr in Germany but they expect to keep winning big regardless.
Their profit margin sits at a ridiculous 68 percent. That efficiency comes from focusing purely on disputes since opening the London branch back in 2008. Turnover actually doubled over the last six years. Michael Carlinsky claims equity partners will take home an average of nine million dollars each, which puts them in a very exclusive club.
Headcount remained steady at thirty-two top lawyers despite some shuffling. William Charles joined from Milbank while James McSweeney got a promotion recently. Dominic Savage arrived from McDermott and Robert Hickmott came back as general counsel. They also hired more counsel staff but saw associate retention dip slightly lower than before.
Richard East calls the performance solid with better profitability than last time. He bragged about handling eleven High Court trials and multiple appeals across the system. The firm apparently lost a couple of people to Wilkie Farr in Germany but they expect to keep winning big regardless.
