Blank Rome saw growth across the board in 2023, including a double-digit increase in net income and notable spikes in profits per equity partner (PEP) and gross revenue.
The firm’s PEP metric came in at about $1.47 million in 2023, an 8.7% increase from the prior year, outpacing the firm’s gross revenue, which grew by 7.7% to about $625 million. Net income growth surpassed both PEP and revenue, increasing by 10.2% to hit just over $230 million.