Fox Rothschild was able to increase gross revenue and net profits by significant margins while increasing its equity partner tier and avoiding most of the cost-cutting measures undertaken at many Am Law 200 firms.
The firm, with a fiscal year end of March 31, grew gross revenue 7 percent from nearly $203 million in 2008 to about $217 million in 2009. Net profits jumped 15 percent to $66.8 million, bringing Fox Rothschild’s profit margin to 30.8 percent, up from 28.7 percent.
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