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Law firm per-partner profit drops 4.3 percent in 2008

Profit per partner fell by 4.3 percent to $1.26 million at the 100 highest-grossing U.S. law firms in 2008, according to a yearly ranking compiled by the trade magazine American Lawyer. Last year was the first since 1991 that the average profit per partner at U.S. law firms fell, American Lawyer Editor-in-Chief Aric Press said in ...

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