Dinsmore & Shohl Shows Mixed Year-End Results

January 30, 2009

Cincinnati-based Dinsmore & Shohl reported mixed results for 2008, with gross revenue solidly up but profits per partner showing a double-digit decrease. Gross revenue rose 10.7 percent to $132.8 million. Firm profits were down 4 percent to $44 million; profits per partner declined almost 16 percent to $385,000. Managing partner George Vincent says the acquisition of two 20-plus lawyer groups helped the firm's gross revenue but hurt its bottom line. He says both corporate and litigation work were off last year.