Dewey & LeBoeuf reports that it surpassed $1 billion in gross revenue in 2007, and that profits per partner reached $1.57 million.
In a press release, chairman Steven Davis chalked the results up to hard work, and Dewey’s “continued success as a combined firm.”
Dewey & LeBoeuf was the product of the August 2007 merger of Dewey Ballantine and LeBoeuf, Lamb, Green & MacRae. The fact that Dewey & LeBoeuf hit the billion-dollar mark isn’t terribly shocking. According to AmLaw 100 data, in 2006, LeBoeuf, Lamb had gross revenue of $513.5 million, and Dewey Ballantine had gross revenue of $408.5 million.
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