Dorsey wouldn't close the door on any merger opportunities, said managing partner Bill Stoeri, but adding he’s probably more amenable to group laterals and smaller firm acquisitions.
February 21, 2024 at 04:37 PM
5 minute read
Editorial
The original version of this story was published on The American Lawyer
With a longer-term push on billing rates and a durable performance across borders and practices, Dorsey & Whitney pushed up gross revenue by 6.7% and profits per equity partner by nearly 5% last year.
Those increases propelled the Minneapolis-founded Am Law 100 firm’s gross revenue to more than $467.4 million and profits per partner to $979,000. Amid nearly a 2% head count increase, the firm’s revenue per lawyer rose about 5% to $890,000.
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William Stoeri, with Dorsey & Whitney. Courtesy photo
