Revenue Up 11.2%, PEP Up 22.1% at Akin, as Aggressive Hiring Pays Off
Chairperson Kim Koopersmith said Akin Gump Strauss Hauer & Feld's record year is due to strategic hiring in important practices.
February 15, 2024 at 02:22 PM
5 minute read
The original version of this story was published on Texas Lawyer
What You Need to Know
- Akin Gump Strauss Hauer & Feld posts record financials in 2023.
- Strategic hiring in 2022, along with continued hiring in 2023, contributed to strong demand across practices.
- Restructuring, private credit, energy, international trade and litigation were among busy practices.
Reaping the rewards of 2022′s investments, Akin Gump Strauss Hauer & Feld posted a record year in 2023, with revenue up by 11.2%, and profits per equity partner improving by 22.1% as the firm benefited from the strategic expansion of key practices in 2022.
Kim Koopersmith, the New York-based chairperson of the Dallas-founded firm, said the positive financial performance in 2023 is what happens when a firm stays true to its strategy and invests in its strengths.
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