"The reality is they worked harder. The head count didn’t grow, but the work did," said Robert Hays, speaking on the firm's 5.8% revenue rise.
March 05, 2024 at 02:06 PM
5 minute read
After cracking the $2 billion mark for the first time in 2022, King & Spalding increased its gross revenue by 5.8% to $2.137 billion last year. Meanwhile, its average profits per equity partner grew even faster in 2023, rising 12.8% to $5.3 million.
King & Spalding saw “solid and even demand” in all practice areas, as it crossed financial benchmarks in other metrics for the first time, said chairman Robert Hays.
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Robert Hays, chairman, King & Spalding. (Photo: John Disney/ALM)
