The Washington, D.C.-based firm saw gains in its regulatory and litigation practices, as well as its contingency fee business, particularly in health care and antitrust recovery.
March 24, 2023 at 05:30 AM
4 minute read
Editor
The original version of this story was published on National Law Journal
Reaping the benefits of a busy year for litigation and regulatory work, Crowell & Moring ended 2022 solidly in the black, posting a 14% jump in revenue to $590 million and an 8.7% rise in average profits per equity partner to $1.3 million.
Even with 42 lawyers joining the firm’s total head count for the year, revenue per lawyer rose 5.9% to eke past the $1 million mark. Among the firm’s new entrants, 22 were nonequity partners, reflecting a 21.7% increase in these ranks compared with 2021.
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Phil Inglima, Crowell & Moring management committee chair. Photo: Diego M. Radzinschi/ALM
