Covington raises City revenues to more than $80m as King & Spalding sees City top line inch up 1%
March 06, 2018 at 02:14 PM
1 minute read
The original version of this story was published on Nationallawjournal/nationallawjournal
Covington & Burling boosted revenue by more than $100m last year while opening new offices in United Arab Emirates and South Africa, with the firm’s London base posting double-digit growth to pass the $80m mark.
According to preliminary ALM data, firmwide revenue jumped nearly 13% in 2017, reaching $945.5m. Profits per equity partner (PEP) rose 4.5% to more than $1.5m.
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