Editor’s note: This report is part of Texas Lawyer’s coverage of the 2013 financial results of the 25 highest-grossing Texas-based firms as part of the AmLaw 100 and Second Hundred reports. Texas Lawyer will publish its Annual Report on Firm Finance on April 28. The American Lawyer, a Texas Lawyer affiliate, will publish full results for the AmLaw 100 in May. The AmLaw Second Hundred will be published in June.

Coming off a record-setting 2012, gross revenue at Houston’s Bracewell & Giuliani was flat in 2013, and net income dropped by 20.8 percent compared to 2012.