ATLANTA – Arnall Golden Gregory LLP enjoyed another year of solid growth by reporting its sixth consecutive year of increases in revenue and profit. “It was a very strong year across the whole firm,” Managing Partner Jonathan E. Eady said in the Daily Report article “Arnall Golden Breaks $1M PEP Milestone. “We were up in every major practice area.”
The Daily Report, the leading newspaper for legal industry news in Georgia, annually publishes articles on financials reported by law firms. Arnall Golden Gregory’s 2018 numbers were remarkably strong: Revenue increased 6.9 percent and broke the $100 million mark – to $106 million, following a 5.5 percent increase in 2017. In 2018, profit per equity partner (PEP) pushed over the $1 million mark for the first time, a 13.5 percent jump. Revenue per lawyer grew 8.3 percent to $716,000.
“Those are nice milestones,” Mr. Eady told the Daily Report. “But I focus more on consistent year-over-year improvement.”
When asked about predictions of an economic downturn, Mr. Eady said he has not seen any signs so far, and he noted that the national data continues to be mixed. “Our approach to growth and hiring is so stable that we wouldn’t expect a major disruption, regardless,” he added.
Mr. Eady pointed out that the corporate, healthcare and real estate practices stayed busy during 2018 on many high-profile projects, and he discussed noteworthy litigation cases involving payment processing and background screening clients. “The way clients define success in litigation is when we make it go away,” Mr. Eady said.
Mr. Eady, a longtime member of the firm’s Executive Committee, has served as Managing Partner for over three years.
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Arnall Golden Gregory (AGG) is an Am Law 200 law firm with offices in Atlanta and Washington, DC. Our client-service model is rooted in taking a “business sensibility” approach of fully understanding how our clients’ legal matters fit into their overall business objectives. We provide industry knowledge, attention to detail, transparency and value to help businesses and individuals achieve their definition of success. Our transaction, litigation and regulatory counselors serve clients in healthcare, real estate, litigation and other dispute resolution, business transactions, fintech, global commerce, government investigations and logistics and transportation. With our rich experience and know-how, we don’t ask “if,” we figure out “how.” Visit us at www.agg.com.