Akin Gump Strauss Hauer & Feld's offices at 2001 K St., NW, in Washington, D.C. (Photo: Diego M. Radzinschi/ALM)Akin Gump Continues 10-Year Revenue Climb as Partner Profits Jump
Firm chair Kim Koopersmith said a 3% increase in revenue per lawyer, along with a 2.8% jump in lawyer head count, are positive signs for the firm's future.
February 13, 2020 at 04:42 PM
5 minute read
The original version of this story was published on Texas Lawyer
In a decade that included post-Great Recession recovery and significant expansion internationally, Akin Gump Strauss Hauer & Feld is pointing to 10 straight years of revenue gains as a major win.
Gross revenue increased by 5.9% to $1.14 billion at Akin Gump in 2019, and profits per equity partner and revenue per lawyer also improved when compared with 2018 results.
"We look at it as not just a good year, but a good decade," said Kim Koopersmith, chairwoman of the Texas-founded Am Law 100 firm. During that time, the firm added offices in Dubai, Frankfurt, Hong Kong and Singapore, and head count increased by 16.1%.
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