Kaye Scholer’s profits per partner increased a modest 1.8 percent in 2014, while revenue per lawyer grew 5.2 percent, according to The American Lawyer’s reporting.
The firm’s PPP rose to $1.41 million from $1.385 million in 2013. Revenue per lawyer jumped to $1.02 million from $970,000. Gross revenue, however, declined for the fourth consecutive year—but less than in previous years—dipping 1.3 percent to $375 million from $380 million the year before. The firm’s net income also declined 12.3 percent.
