Photo: Monika Kozak/ALM Proskauer Sees Slight Revenue Drop, Showing 'Great Strength' With Headwinds
After client activity slowed down in 2023, chair-elect Timothy Mungovan said Proskauer is very bullish on 2024.
March 06, 2024 at 06:35 PM
6 minute read
What You Need to Know
- Proskauer saw a rough macroeconomic environment, with revenue taking a slight dip from record 2022.
- The firm leaned into litigation, sports and media and some creative thinking around the capital structure.
- The New York firm anticipates a strong 2024.
Proskauer Rose chair-elect Tim Mungovan is the first to say that deal work and private capital deployment in 2023 was sluggish and that had an impact on how the New York firm performed.
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