‘Consolidating growth’: Debevoise posts global revenue and profit drop

Debevoise & Plimpton posted a 3% drop in global revenue to $735m as profits per partner also slumped by 8% to $2.4m. The New York-headquartered firm lost $21.2m from its top line in 2016, after growing revenue by $41.6m last year.

Profits per equity partner (PEP) at the firm fell by $215,000 to $2.41m.

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