Fast-growing Polsinelli continued expanding in 2014, with revenue jumping 13.4 percent to $368 million. The firm, which has offices in 19 cities, has more than doubled its revenue since 2010, with that figure rising by double digits every year but one since then.
The extraordinary growth has eaten into profit margins, as net income increased only 1.4 percent, to $73 million. Profits per partner dropped 5.1 percent, to $650,000, due partially to a 6.7 percent increase in the size of the equity partner ranks, to 112. Revenue per lawyer rose 1 percent, to $530,000.
