Modest growth lifted Crowell & Moring’s net profit and its profits per partner in 2013 compared with 2012, according to our reporting. Net income rose almost 4 percent, to $96.5 million. Profits per partner grew by less than 1 percent, or $5,000 per partner, to $930,000. Gross revenue climbed about 3 percent, to $359 million.
The firm focused on investing in certain areas by adding people rather than pushing up profits, Crowell chairman Kent Gardiner said.
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