Hughes Hubbard & Reed's New York Office. Photo: Ryland West/ALM Hughes Hubbard, Amid Mounting Challenges, Undergoes 'Rebuilding'
Disagreements about compensation criteria and the value of a merger have accompanied a years-long decline in revenue, head count and profitability.
September 30, 2020 at 03:30 PM
11 minute read
Hughes Hubbard & Reed was on a downward trajectory even before the pandemic, steadily losing lawyers and revenue over the past several years. But as it has for several other big firms, the 2020 recession has highlighted and amplified the firm's challenges.
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