After taking a hit in 2013, litigation-focused Kasowitz, Benson, Torres & Friedman saw its gross revenue grow 14.6 percent in 2014 as the firm finalized two massive mortgage-backed securities settlements on behalf of the U.S. Federal Housing and Finance Agency (FHFA).
In 2014, the firm’s gross revenues rebounded from an 8.2 percent decline in 2013, when it pulled in $229.5 million. Kasowitz has been prone to ups and downs, but last year’s gross revenue of $263 million marks the highest it has been at any point in the last decade.
