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's administrative partner, Mark L. Silow, said the gross revenue grew because the firm "added a number of really productive lateral partners over the last 18 months and they all really sort of kicked into gear during the last fiscal year."
May 07, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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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