Almost all of Chicago's law firms outpaced the national increases in revenue and net operating income: 2.7 percent and 3.3 percent, respectively. The firm posted $24 million more in revenue in 2015 and, because of law's fixed-cost structure, that "falls to the bottom line."
Chicago law firms, said in a statement that the firm's profits resulted from "a combination of factors, including a focus on expense management, growth in strategic practices and an increase in the number of equity partners."
