2008 Results: It's Good to be the Quinn

Times are tough all over, unless by all over you include Quinn Emanuel.  The high-end litigation boutique reported stellar results for 2008. While other firms reporting to date have also scored increased gross revenue, the growth has mostly been lackluster, and sometimes PPP took a tumble.  Then, says the AmLaw Daily, came Quinn:

In tough times, it's good to specialize in bet-the-company litigation. Revenue at 400-lawyer Quinn Emanuel Urquardt Oliver & Hedges was $441.9 million in 2008, up 15 percent from 2007's $384.5 million.

Profits jumped 10 percent, from $237.5 million in 2007 to $260 million last year. Profits per partner — already near the top of the Am Law 100 in 2007 — rose 11 percent to $3.3 million. Quinn Emanuel has 78 equity partners.

No wonder a Quinn associate felt comfortable last fall taking time off to tape a season of "The Amazing Race." We just don't know how the firm could've spared her ...

Recent results stories:
Legal Pad: Everybody Wins! (incl. Goodwin, Paul Weiss)
Legal Pad: Sweet Results Roundup (incl. Bingham, Reed Smith)
Cal Law: Bay Area firm numbers & stories

— Brian McDonough