Revenue and profit declined in the first year of the merger between Atlanta’s Kilpatrick Stockton and San Francisco intellectual property firm Townsend and Townsend and Crew. One result: profit per equity partner dropped 12 percent. (The Daily Report compared the newly merged Kilpatrick Townsend & Stockton’s 2011 figures with combined 2010 revenue and profit figures for the two predecessor firms.) Kilpatrick Townsend’s chairman, William E. Dorris, said the firm expected its numbers to drop initially after the mergerthe largest U.S. law firm merger in 2011, according to Hildebrandt Institute. Combining the two firms’ technology was “quite an undertaking,” Dorris said, particularly since each firm had a large patent practice with its own docket system. He said patent litigation was one of Kilpatrick’s busiest areas last year, which was what the two firms hoped would happen. For example, Motorola chose Kilpatrick Townsend as one of its primary patent litigation firms.
Reported by Meredith Hobbs
*Variances shown are in comparison to 2010.
| MONEY | ||
| Revenue | $362,000,000 |  6.8% |
| Revenue per lawyer | $628,472 | 2.8% |
| Profit per equity partner | $632,530 | 12% |
| LAWYERS | ||
| Total lawyers | 576 | 25 |
| Atlanta lawyers | 203/35% | 22 |
| Partners | 273 | 14 |
| Equity partners | 166 | 2 |
| Atlanta size rank among firms offices | No. 1 | |
Clients
Adidas, AT&T, Avanti, BB&T, Cox Communications, DuPont, Georgia Pacific, Hanesbrands, Hitachi Ltd., Levi Strauss & Co., Lockheed Martin, Motorola, Nestle Waters North America, NVIDIA, Oracle Corporation, Pepsi Bottling Company, Seiko-Epson Corporation, Sony Computer Entertainment, Qualcomm Inc., University of California, Visa, and Wells Fargo
Offices
