HONG KONG: New York-based litigation boutique Kobre & Kim continued its rapid growth last year, with revenue reaching $150.2 million, according to preliminary ALM data. That’s up a whopping 49 percent from 2016, when the firm joined the Am Law 200 for the first time.
Profits per partner at the firm also soared in 2017, jumping 29 percent to $2.489 million. Revenue per lawyer rose a robust 24.8 percent to $1.63 million.
The firm’s total lawyer head count increased by 19 percent to 92 in 2017. (The number of lawyers at the firm has since topped 108.) The size of the equity partnership, with 27 members in 2017, was unchanged from the prior year. The firm said two partners moved to a nonequity status and two new equity partners replaced them last year.
