Alston & Bird had a flat 2013 after posting significant gains in revenue and net income in 2012.
March 12, 2014 at 12:00 AM
1 minute read
Alston & Bird had a flat 2013 after posting significant gains in revenue and net income in 2012.
Revenue declined by $11 million to $675 million and net income dropped by $2 million or 0.8 percent to $243.5 million. The slight decline in net income plus a net of three additional equity partners (for 146) pushed down average profit per equity partner by $50,000 (-2.9 percent) to $1,665,000.
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