Despite what managing partner Roger Quillen described as continuing downward pressure on billing rates, Fisher & Phillips saw its revenue climb by 4.5 percent in 2013, to $139.5 million—not as hefty as its 9 percent jump reported in 2012, but still a mark of steady growth for the labor and employment boutique.
Net income also was up 4.5 percent, to $58.5 million. Profits per equity partner jumped 3.1 percent, to $500,000. Notably, said Quillen, compensation to all partners including nonequity partners, was not far behind, at $449,000.
