Arnold & Porter Kaye Scholer offices. Courtesy photo Arnold & Porter Sees Revenue and Profits Jump, With PEP Rising 15% to $1.6M
The environment for counsel on government-facing issues was "quite strong" last year, driving demand across the firm's litigation, transaction and regulatory practices, said chairman Richard Alexander.
February 06, 2024 at 06:14 PM
3 minute read
What You Need to Know
- Arnold & Porter Kaye Scholer hit a new revenue record of $1.139 billion in 2023.
- The firm increased its billing rates and saw the total number of hours billed jump up.
- Chairman Richard Alexander said the firm saw strong demand across its litigation, regulatory and transactional practices last year.
Arnold & Porter Kaye Scholer hit a new firm record last year in its financial performance, growing gross revenue by 9.7% to $1.139 billion in 2023, while its profits per equity partner rose nearly 15% to $1.610 million after falling to $1.403 million in 2022.
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