King & Spalding revenues surpass $1bn
King & Spalding surpassed a financial milestone, growing its revenues last year beyond the $1bn mark. It's global revenue grew 9 percent in 2015, from 2014's $934m to $1.02bn. The firm's average profit per equity partner rose almost 6 percent from $2.36m to $2.5m.
The firm's London office is expected to release financial figures for its regional performance. Between 2013 and 2014, the London office grew its revenues by 14 percent. The London office has 24 partners, an increase from the 21 partners it had the previous year.