Wiley Rein's revenue and profits showed a small rise in 2009. Gross revenue rose 1 percent, from $198 million in 2008 to $200 million last year, and profits per equity partner rose from $950,000 in 2008 to $965,000, a 1.6 percent increase.
Revenue per lawyer rose to $715,000 from $695,000 in 2008.
Firm managing partner Richard Wiley said the numbers were better than the firm anticipated in a difficult year. "We expected it to go down," he said of gross revenue. "The fact that it went up a little bit was good. We were careful on our expenditures, and therefore, we were able to, I think, come up with a good result for the partners."
Wiley Rein’s practice mix - heavy in communications, international trade, and government contracts - did well despite the recession, Wiley said, especially government contracts. The firm represented JPMorgan Chase Bank in matters tied to the Tribune bankruptcy, and the government contracts practice continues to represent Boeing.
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