US law firm King & Spalding (K&S) has recorded worldwide revenues of US$582.4 million, and profits per partner of US$1.31 million. This represents a 13.2% and 25% increase, respectively, from 2005.
The firm, which domiciles 800 lawyers worldwide, attributes its success to diversity: “We have been successful because we provide our clients with the best legal advice, superior service and a deep understanding of their industries,” commented K&S chairman Robert Hays.
K&S also named growing client demands for Islamic finance, energy, real estate, private equity, health care and international arbitration in the Middle East, Asian and North African region as amongst the firm’s revenue contributors. K&S has recently opened a Dubai office to cater to growing Middle Eastern demand.