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Supplements and Special Sections

‘The second wife’

For the title of her upcoming paper on the working conditions and attitudes of legal secretaries, Felice Batlan borrowed a quip from one of her more outspoken survey respondents.

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Money 20: The Numbers

This Web page features charters and figures associated with Missouri Lawyers Weekly's 2010 MOney 20 feature.

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Flat and happy

All year we reported on the hiring freezes, the pay cuts and the layoffs at Missouri law firms. So, you'd expect our fifth annual Missouri Lawyers Weekly MOney 20 financial review of Missouri law firms to chronicle 2009 as the year of recession and retrenchment, of turmoil and tightened belts, of Sturm und Drang.

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THE NUMBERS

Gross revenue ▶ Bryan Cave solidified its lead in gross revenue with a merger with Powell Goldstein. The addition of the Atlanta-based firm boosted Bryan Cave’s revenue to nearly $555 million, $218 million ahead of closest competitor. Shook, Hardy & ...

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Making the first million

In 2007, two firms on the MOney 20 were heading toward the million-dollar mark in profits per partner. That year, Shook, Hardy & Bacon and Sonnenschein Nath & Rosenthal both had average profits per partner of more than $900,000.

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Methodology

Most firms volunteered Big 50 and MOney 20 information to Missouri Lawyers Weekly. Others cooperated conditionally or in part.

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Keeping tabs

When Frank P. Wolff started practicing law 30 years ago, a holy trinity of financial responsibilities still held sway.

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2010: Leaders dust off old predictions

Last year, several firm leaders expressed caged hope about the prospect for more legal work by the end of 2009. It didn't materialize, judging by the lackluster financial numbers for the year.

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More than just a statistic

Since being laid off from a Kansas City firm three months ago, former bookkeeper Jeanine Jelinek is still looking for a job to support her and her 2-year-old grandson, Kevin. Jelinek was one of dozens of legal support staffers at Missouri firms who lost their jobs in the last 18 months.

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THE GIST

1. Bryan Cave Revenue: $554.8 million                                                                              Profit: $191.7 million Revenue per lawyer: $549,700                                                                    Profits per partner: $622,600 Buoyed by a January 2009 merger with Atlanta-based Powell Goldstein, Bryan Cave’s revenue perks up by 10 percent. Profits grow by ...

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