Like many, Mayer Brown weathers the storm

Double-digit drop in profits, loss of partners, but it could be worse.

, The National Law Journal

Mayer Brown has lost at least 15 partners in recent months, as the firm prepares to report a double-digit percentage drop in 2008 profits. Some partners say 2008 profits are anticipated to be down by 25%, but chairman Jim Holzhauer said that he expected the slide to be only half that figure. "Being down 12% in this economy is something that isn't that hard to take," he said.

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