Kramer Levin Naftalis & Frankel posted a 3.7 percent gain in profits per partner last year, but gross revenue declined by half a percent.
Profits per partner increased to $1.815 million from $1.75 million, while gross revenue fell to $320.5 million from $322 million in 2013. Revenue per lawyer climbed 1 percent to $1.04 million from $1.03 million. Kramer Levin’s net income declined 0.8 percent, to $121.5 million, while its profit margin remained unchanged.
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