Coming off a record 2018, Thompson & Knight saw revenue slip 3.8% in 2019 thanks to a slow start in intellectual property and bankruptcy, and a midyear decline in capital investment in the energy sector.

Revenue per lawyer at the Dallas-based firm was $784,000 in 2019, down 2.2% when compared with $802,000 the year before, as lawyer head count dropped by 1.4%. Gross revenue totaled $217.9 million, compared with $226.5 million in 2018.