Howard Spilko, left, and Paul Schoeman, right, co-managing partners with Kramer Levin Naftalis & Frankel. After Revenue and Profits Tumble, Kramer Levin Poised to 'Capture Our Market Share' in 2023
Increased expenses in business development, salaries and hiring were factors behind a nearly 15% drop in PEP. But firm leaders say they are poised for a strong 2023.
May 19, 2023 at 12:38 PM
4 minute read
Kramer Levin Naftalis & Frankel saw a 6.1% drop in revenue, to $421.44 million, while its average profits per equity partner fell nearly 15% to $2.38 million last year.
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