Fox Rothschild Bucks Trend Among Pennsylvania Am Law 200 FirmsMay 30, 2014 – In The News
Fox Rothschild was featured in The Legal Intelligencer article, "Pennsylvania Am Law 200 Firms Aren't in 'Super Rich' Category." Full text can be found in the May 30, 2014, issue, but a synopsis is noted below.
Fox Rothschild made the largest jump of any Pennsylvania firm on the Am Law 200 list, landing at 105 this year, up from 111 the previous year, with an 8.7 percent increase in gross revenue between 2012 and 2013 - the largest increase among Pennsylvania Am Law 200 firms. The firm also saw its headcount increase about 8.3 percent over the year and its profits per equity partner rise 5 percent.
While Pennsylvania Am Law 200 firms were behind the national average in growing top-line revenue this past year, they were above average in increases to profits per equity partner.
With Fox included, the state’s Am Law 200 firms saw an average revenue increase of 1.5 percent, but when Fox is removed from that equation, the revenue increase drops to 0.2 percent, well below the national average of 2.6 percent.
This article was also featured in the Pittsburgh Post-Gazette.