Last year was lackluster for Arnall Golden Gregory, after two previous years of double-digit profit increases and significant revenue jumps. It was a very mixed year, said managing partner Glenn Hendrix. We started out the year very strong in the first quarter and we finished very strong. The fourth quarter of 2012 was our strongest quarter ever. But the middle six months really slowed down. Transactions decreased and litigation slowed because a couple of big cases settled, Hendrix said. Profit dipped because of lower fee revenue from the Atlanta office and the absence of rent concessions, which had boosted profit in 2011 after the firm renewed its lease at Atlantic Station in mid-2011. The firms new Miami and Washington offices are doing well, Hendrix said.
Reported by Meredith Hobbs
*Variances shown are in comparison to 2011.
|Revenue per Lawyer||$504,300||5.7%|
|Profit per equity partner||$596,200||14%|
|Atlanta size rank among firms offices||No. 1|
Costco, CryoLife, Griffin-American Healthcare REIT II, Horizon PCS, LakePoint Sports Development Group, Piedmont Healthcare, SavaSeniorCare, Sysco Corp.
Atlanta (127), Miami (4), Washington (8)
AtlantaChip Presten, corporate, from Schiff Hardin; David Marmins, litigation, from Balch & Bingham. WashingtonSara Lord, government investigations, from U.S. Attorneys Office, Northern District of New York
AGG opened a Miami office in January 2012 focused on global logistics with four lawyers from Miami firm Hyman, Spector & Mars.
The firm expanded its Washington office to 10 lawyers. Opened in 2011 with four lawyers, the office focuses on privacy law, consumer regulatory matters and government investigations.
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