Kilpatrick Townsend & Stockton had a good 2014, posting a solid 5.9 percent revenue increase of $411.5 million. Profit per partner (PPP) shot up from $700,000 to $925,000 because the firm changed its equity partnership structure at the beginning of the year.
“The positive momentum continues,” said the firm’s chairman, Henry Walker IV, adding that the $23 million gain in revenue exceeded the budgeted revenue target by 15 percent. Nine practice teams posted double-digit revenue growth, he said, including mergers and acquisitions, capital markets, construction, patent prosecution and trademark.
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