After growing its revenue by over a third from 2016 to 2019, the pandemic finally brought Kramer Levin Naftalis & Frankel’s top-line growth to a pause, although net income and profits per equity partner still grew. 

The firm saw a revenue decline of 2% in 2020, but managed to see its net income tick up by 3.3% to $154.2 million. The firm also saw its revenue per lawyer drop half a percent to $1.2 million, but managed to grow its profits per partner 6.4% to $2.3 million.