Revenue and profit at Kilpatrick Townsend & Stockton were lower in 2013 because the firm collected an enormous contingency fee of about $38 million in a historic class action, Cobell v. Salazar, in 2012.
In the Cobell class action, which was litigated for 15 years, Kilpatrick and Washington banking lawyer Dennis Gingold represented a class of more than 500,000 American Indians who sued the U.S. Department of Interior for decades of mismanaging their royalty payments from oil, gas and mineral leases on tribal land.
