Jones Day joins $1 bn turnover club

Begum, Husnara
March 2005
Lawyer;3/7/2005, Vol. 19 Issue 9, p3
Trade Publication
This article reports that Jones Day's 2004 fee income has jumped by 5 per cent to $1.03 billion, making it the latest U.S. firm to smash the $1 billion turnover ceiling. Average profit per equity partner also increased by 5 per cent from $923,000 to $969,000. Meanwhile, last month, Jones Day's London office suffered the loss of another legacy Gouldens partner. Thomas Budd, head of Jones Day's Great Britain finance practice, quit to join the London office of Gibson Dunn & Crutcher, where he will become cochair of the firm's global finance practice.


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