The Atlanta-based firm saw profits per equity partner rise from $1.31m (£672,000) in 2006 to $1.40m (£716,000) last year, following a 25% hike for the previous 12-month period.
Global turnover figure increased to $615.3m (£315.4m) in 2007, compared to $582.5m (£298.6m) in 2006.
Meanwhile, revenue in the firm’s City office was up from $21.9m (£11.2m) to $22.7m (£11.6m).
Commenting on the firm’s City performance, King & Spalding
Keffer said international arbitration and finance had been strong performers for the City branch, which was launched five years ago and is set for investment in property and intellectual property in the year ahead.
He added: “I certainly expect… an increase [in turnover]. One has to worry about the global economy but at the moment I am not worried that it will affect our revenues.”
Last September King & Spalding opened an office in Frankfurt – its second base in
The results come with US firms posting mixed results for 2007, with Latham & Watkins a top performer, having boosted global revenues by 23% to break the $2bn (£1.02bn) barrier.
Editors' Blog: The Unpredictable States of America
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