Kramer Levin’s Record Financial Year Marks Milestone Before Merger with Herbert Smith Freehills

Pieter Gunst01 mins

Kramer Levin Naftalis & Frankel concluded its final fiscal year before merging with Herbert Smith Freehills by achieving record financial results. The firm’s revenue increased by 7.3%, reaching $467.2 million in 2024. Additionally, due to a 17% reduction in the equity tier, the average profits per equity partner (PEP) surpassed $3 million for the first time, marking a notable 25% rise. More on this development can be accessed through the original article.