After cracking the $2 billion mark for the first time in 2022, King & Spalding increased its gross revenue by 5.8% to $2.137 billion last year. Meanwhile, its average profits per equity partner grew even faster in 2023, rising 12.8% to $5.3 million.
King & Spalding saw “solid and even demand” in all practice areas, as it crossed financial benchmarks in other metrics for the first time, said chairman Robert Hays.
