Unlike many Am Law 100 firms, King & Spalding made a lot of money last year. The firm reported increases in revenue, profit and revenue per lawyer, plus a 16.8 percent increase in profit per partner to $1.4 million. Chairman Robert D. Hays said the firm was able to win more work from clients, despite the recession, by offering high-level expertise at competitive rates. Layoffs, pay cuts and other cost-saving measures helped increase profit, following a 12 percent dip the previous year. King & Spalding netted two fewer equity partners last year after adding 19 in 2008. The firm confined expansion to a new seven-lawyer Paris office that is intended to develop its European business arbitration practice.
Meredith Hobbs
| MONEY | ||
| Revenue | $677,277,000 |  3.9% |
| Revenue per lawyer | $851,851 | 5.04% |
| Profit per partner | $1,442,530 | 16.8% |
| Lawyers | ||
| Total lawyers | 796 |  9 |
| Atlanta lawyers | 408**/51% | 32 |
| Partners | 296 | 8 |
| Equity partners | 151 | 2 |
| Atlanta office size rank | No. 1 | |
Numbers on right are in comparison to 2008.
*Head counts are as of Aug. 31, 2009, unless otherwise noted.
Total lawyers are FTEs.
**Atlanta head counts are lawyers only, not FTEs, per King & Spalding’s Web site on Aug 26, 2009.
