K&L Gates offices in Washington, D.C. Photo: Diego M. Radzinschi/ALM K&L Gates Boosts Net Income 33% as Cost Consolidation and Inter-Office Work Paid Off
"We as a global team are hitting our stride in a lot of positive ways," said the global managing partner of K&L Gates. "I don't think of it as a one-year uptick. We've seen some really positive trends over a number of years now especially with respect to profitability."
March 29, 2022 at 05:03 PM
6 minute read
In one of the largest gains for a Pennsylvania-born law firm last year, global Am Law 50 firm K&L Gates netted 33.5% more income in 2021 than the year before—distributed in the form of $1.381 million in profits per equity partner.
The PEP figure represents a 20.1% year-over-year increase.
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