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Winston & Strawn Revenues Up, Profits Flat

Chicago-based Winston & Strawn saw revenues grow 6.7% to $744 million last year.

Profits dipped slightly to $1.27 million, while both gross revenue and head count increased after a record number of lateral lawyer acquisitions. Revenues grew to $744 million.

The firm brought on at least 58 lawyers in 2008. They also hired a record number of associates last fall, although the firm would not give exact numbers. Associate compensation for 2009 has not yet been determined.

Winston & Strawn LLP was founded in Chicago in 1853. It employs about 1,000 attorneys among 13 offices in the United States, Europe and Asia.

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