King & Spalding, after topping the $2 billion mark the prior year in 2022, managed to push its gross revenue up by an additional 5.8%, reaching a total of $2.137 billion in 2023. The firm’s average profits per equity partner (PEP) also saw a notable increase, climbing a robust 12.8% to land at $5.3 million. This financial success was underpinned by what Chairman Robert Hays described as “solid and even demand” in all practice areas. He also made reference to additional financial benchmarks that the firm has managed to cross for the first time. Law.com
These milestones, it seems, were not limited to the home front. Chairman Robert Hays also reported notable growth in the firm’s revenue abroad, most especially in London where revenue saw a hefty increase of more than 33%. These growth trends were also mirrored in other international locations such as Abu Dhabi and Dubai in the United Arab Emirates, as well as in Riyadh, Saudi Arabia.
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