Fox Rothschild improved upon its 2021-22 revenue by 4.3% to reach $676 million in its latest financial year, although the firm fell short of the previous year’s profitability because of mounting personnel and travel expenses.

The Philadelphia-born Am Law 100 firm’s financial performance during its 2022-23 financial year reflects a reversal in revenue-driving practice areas from the prior year, when leaders said litigation-derived income was “basically flat” and double-digit financial gains were driven by corporate and transactional practices.