Revenue and Profits Fall at Mayer Brown

Mayer Brown saw its revenue fall by just under 14 percent in 2009, as the firm's top line slipped to $1.1 billion from almost $1.3 billion in 2008. The firm also saw a dramatic fall in profits as its net income fell by almost 19 percent from $359 million to $291 million. On the prospects for 2010, firm Chairman Herbert "Bert" Krueger says: "We are not counting on a recovery in the global economy, but we do see continued strength in the practices that were busiest in 2009."