Latham leads the way with $300m revenue hike as US elite posts robust 2014 results

Jaishree Kalia assesses the winners and losers as the US reporting season kicks off

The broad-based economic recovery in the US proved a boon to many leading advisers in 2014, with firms enjoying a resurgence in corporate work, and robust levels of disputes and regulatory activity.

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US financials 2014: King & Spalding breaks the $1m revenue per lawyer figure alongside 8% revenue boost

King & Spalding is the latest US firm to post its financials for 2014, and has unveiled a respectable 8% increase in revenue to $934m from $861.4m, while it has notably surpassed the $1m revenue per lawyer threshold with a 7% rise to $1.055m for the first time in the firm’s history.

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US revenue round-up: Paul Weiss and Davis Polk surpass the billion-dollar mark

US firms’ financials are continuing their positive trend, with recent releases showing revenue spikes and profit boosts including for Davis Polk & Wardwell and Paul, Weiss, Rifkind, Wharton & Garrison which both broke the billion-dollar mark in gross revenues last year.

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