An enormous contingency fee, along with merger integration, made 2012 a major comeback year for Kilpatrick Townsend & Stockton. Gross revenue shot up $44.5 million, a 12.3 percent increase. The top-line growth boosted revenue per lawyer to $735,000, a 16.7 percent rise that is The Am Law 100′s largest, while profits per equity partner rose to $860,000, a 36.5 percent jump that is The Am Law 100′s second-largest.
Those results followed a lackluster 2011, when gross revenue and profits per partner both sagged in the wake of the January 2011 merger of Atlanta’s Kilpatrick Stockton and San Francisco’s Townsend and Townsend and Crew. The combined firm’s gross revenue dropped almost 7 percent that year, and its PPP fell 12.5 percent.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
