After double-digit percentage gains in recent years, Crowell & Moring’s growth in gross revenue slowed last year, inching up 0.9% to $595.5 million last year, as receipts from the firm’s contingency docket returned to lower levels last year.
As a result, the Washington, D.C.-headquartered firm’s profits per equity partner dropped by more than 15% to $1.1 million while net income declined by 9% to $138.5 million.
