Baker McKenzie Says Profit, Revenue Rising After Lean Year

Law firm Baker McKenzie says business is improving after a slowdown in which softer demand during the early months of the pandemic and changes to investments in operations contributed to flat revenues and lower partner profits.

Revenue and profits were up in all regions for the first three months of the current fiscal year, which for Baker McKenzie began July 1, the firm said without offering additional details

Baker McKenzie reported $2.9 billion in global revenue in 2020, down from a record $2.92 billion a year earlier. Profits per partner were down 12%, which the firm attributed to changes to ...