A spike in client demand for partners’ time and strong transactional work helped King & Spalding post a 14.3% increase in revenue to $1.53 billion and a 25.2% increase in net income to $713.45 million.

That growth translated into a 9.2% increase in revenue per lawyer to $1,255,000 and a 17% increase in profit per equity partner to $3,509,000, even with an increase in equity partners. It was the firm’s 11th straight year of revenue and profit growth.

https://www.law.com/dailyreportonline/2021/02/18/ga-house-would-let-prosecutors-use-inmate-files-to-fight-parole/ Robert Hays of King & Spalding, Atlanta. (Photo: John Disney/ALM)