Pennsylvania’s largest law firms saw nearly across-the-board increases in key indicators of their financial performance in 2012, although they slogged through three tough quarters with demand for services remaining relatively flat.

For Ballard Spahr, an increase in demand across all of its departments boosted gross revenue 5.3 percent, from $285 million to $300 million, and profits per partner by 4.7 percent, from $530,000 to $555,000, said firm Chair Mark Stewart. While productivity per lawyer was relatively flat, RPL grew 3.3 percent.

In addition, the firm was able to increase its net income by 6.3 percent, from $120 million to $127.5 million.


Mark Stewart