Polsinelli sees revenue spike but profit stay flat

Polsinelli PC’s revenue for fiscal 2014 was nearly $370 million, a 14 percent increase over its revenue of $325 from 2013. Despite this increase, profits per partner and profits per lawyer will remain mostly flat. CEO Russ Welsh said that is attributable to end of the year growth, as the firm recently acquired a 22-lawyer group.

In April, Polsinelli was ranked by American Lawyer as one of the nation’s top 100 law firms based on revenue, showing the largest revenue growth of all 100 firms.

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