For the first time since 1994, Arnold & Porter saw a decline in gross revenue last year, according to our reporting.
Gross revenue went down by 6.2 percent, from $731 million in 2012 to $686 million last year. Profits per partner dropped by 6.3 percent, from $1.42 million to $1.33 million, and net income also declined, by 9.5 percent, from $353 million to $319 million. The data are part of The National Law Journal‘s reporting of 2013 financial results of The Am Law 100, a list of the country’s highest-grossing firms.
