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Richard Alexander Richard Alexander of Arnold & Porter. Courtesy Photo.

Revenue ticked upward slightly at Arnold & Porter Kaye Scholer in 2020, and profits increased by 8.4%, as the pandemic economy led to surging demand in several hot practices that overcame a slowdown in litigation and regulatory work.

The results are an improvement over 2019, when revenue declined by 1%, revenue per lawyer (RPL) improved by 1.2% and profits per equity partner (PEP) slipped 2.8%, as the firm continued to work through a 2017 merger between Arnold & Porter and Kaye Scholer.

Gross revenue hit $961.9 million in 2020, up 1.1% when compared with $951.9 million in 2019. With 1.9% fewer lawyers, RPL was $1.07 million, up 3.1% from $1.04 million the prior year.

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Brenda Sapino Jeffreys

Senior reporter Brenda Sapino Jeffreys covers the business of law in Texas. Contact her at [email protected] On Twitter: @BrendaSJeffreys

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