Bryan Cave’s London branch has increased their turnover by almost a quarter in 2007. fees at the firm’s City branch increased by 22.4% reaching $28.4m (£14.6m). Even so, revenue per lawyer (RPL) dropped by 9.3% to $845,450 (£435,000. Office managing partner Anthony Fiducia blames the low dollar exchange rate and the hire of two new partner hires for this decrease in RPL. Fiducia remains confident the office will be more productive in 2008.
Source: www.legalweek.com