"Ten percent of our revenue came from brand-new clients, [which] we attribute in large part to the merger," firm managing partner Brian Waldman said.
March 11, 2024 at 04:59 PM
3 minute read
The original version of this story was published on National Law Journal
In the second year following its merger, ArentFox Schiff saw an 8.4% spike in its gross revenue to $578.8 million in 2023, as the firm saw a boost in business from new clients.
Meanwhile, ArentFox Schiff increased its profitability and net income. With a nearly flat equity tier, hovering around 163 partners, average profits per equity partner soared 15% to $1.25 million. Net income for all equity partners also saw double-digit percentage growth, increasing about 15% to $204 million.
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Brian Waldman, left, and Anthony Lupo, right, of ArentFox Schiff. Courtesy photos
