The firm saw some associate attrition last year, but new arrivals evened out the departures and head count stayed flat.
April 18, 2022 at 04:01 PM
3 minute read
The original version of this story was published on The American Lawyer
After seeing its revenue drop for two consecutive years, Kramer, Levin, Naftalis & Frankel rode strong showings in its private equity, M&A and restructuring practices to hit $449 million in revenue and $2.79 million in profits per equity partner, both record highs for the long-tenured New York firm.
That $449 million in revenue was a 15.1% increase from 2020. The firm’s PPP was up 21.4% and its revenue per lawyer climbed 15.5% to $1.38 million.
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Paul H. Schoeman, left, and Howard T. Spilko, right, of Kramer Levin Naftalis & Frankel.
