K&L Gates Revenue Up 9.3 Percent, RPL Down 5 Percent
According to K&L Gates, its energy, infrastructure and resources practice, as well as its real estate and litigation and dispute resolution practices, all "turned in measurably stronger performances in a year-over-year comparison."
The firm's corporate and transactional practice, however, continued to suffer from low demand, the firm said.
The percentage of the firm's work attributable to matters generated in one office and performed in one or more other firm offices remained nearly flat, from 27.5 percent in 2012 to 27.7 percent in 2013.
In 2013, 466 of the firm's 500 largest clients used lawyers from two or more firm offices, and 15 of the firm's 20 largest clients used lawyers in 10 or more firm offices. The firm's 100 largest clients in 2013 generated 31.7 percent of annual revenues, down from 34.4 percent the previous year, according to the firm.
The average number of offices engaged on matters for those 100 largest clients in 2013 was 10.9, the firm said.
K&L Gates said no client accounted for more than 5 percent of the firm's revenues in either 2012 or 2013.
Looking ahead, the firm said it plans to consolidate its four-lawyer San Diego office, which it acquired when it combined with Chicago-based Bell, Boyd & Lloyd in 2009, with its Orange County office by September of this year.