Boies Schiller sees big drop in revenue after partner departures
Boies Schiller sees big drop in revenue after partner departures Image from Shutterstock.com. Boies Schiller Flexner will likely drop out of the American Lawyer’s list of the nation’s top 100 grossing law firms after losing a third of its equity partners last year. Law.com has a report on the firm’s 2020 financial numbers. Boies Schiller saw a 38% drop in gross revenue, a 54% drop in net income and a 32.1% drop in profits per equity partner. Revenue per lawyer increased, however, by 4.6%. Total gross revenue was $250 million, down from $405 million in 2019. That number will likely ke...