Kramer Levin Naftalis & Frankel posted a second consecutive year of record financial results in 2017, earning a gross revenue of $387 million as its profits per equity partner exceeded $2 million for the first time, according to preliminary ALM reporting.
The firm’s gross revenue of $387 million marks a 9.9 percent increase over the $352 million posted in 2016. The firm’s net income also grew 9.9 percent, rising to $152.76 million in 2017 from $138.95 million in 2016.
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