A year after seeing its gross revenues and profits dip, Kasowitz Benson Friedman & Torres posted modest gains on both fronts in 2012, according to The American Lawyer‘s reporting.
New York–based Kasowitz Benson, which launched 20 years ago as an 18-lawyer Mayer Brown spin-off, saw its gross revenues rise 4 percent last year, to $250 million, while its profits per partner edge up 1.8 percent, to $1.7 million. The firm added a net total of ten lawyers during the course of the year, bringing its overall attorney head count to 365. Its equity partnership grew from 54 to 57, while its non-equity partner ranks declined from 54 to 51.
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