Venable, bolstered by the strength of the firm’s litigation and regulatory groups, in 2013 set new firm records for revenue and profits per partner.
The law firm’s revenue rose 9 percent to $409.5 million, and Venable’s 160 equity partners took home an average of $905,000 last year, up 7 percent from 2012, when partners earned $845,000. Net income jumped almost 8 percent, from $134 million to $144.5 million. The data are part of The National Law Journal’s reporting of 2013 financial results of The Am Law 100, a list of the country’s highest-grossing firms.
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