Akin Gump Strauss Hauer & Feld has emerged from the financial crisis as a smaller but perhaps more profitable law firm.
Profits per partner rose by 10.4 percent, to $1.6 million, in 2010, up from $1.5 million the year before, according to figures released by the firm to National Law Journal affiliate The American Lawyer. Akin Gump reported 2010 gross revenue of $736 million, an increase of 2.5 percent from the year before, although still below the $781 million the firm took in during 2008.
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