Large Firms
Feb. 24, 2010
Profits, Revenue Dipped at Munger Tolles
In the latest evidence of the recession's pressure on the legal sector, Munger, Tolles & Olson on Monday reported 4.5 percent declines in revenue and profits per partner in 2009.
Daily Journal Staff Writer
LOS ANGELES - In the latest evidence of the recession's pressure on the legal sector, Munger, Tolles & Olson on Monday reported declines in revenue and profits per partner in 2009. The firm's gross revenue dropped 4.5 percent to $198 million. Profits per partner also dipped 4.5 percent to $1.26 million.
Sandra Seville-Jones, the firm's managing partner, said in a sta...
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