Daljit Doogal, chairman and CEO, Foley & Lardner. Courtesy photo Diversity of Practices Helped Foley Grow Revenue by 8.1%, Profits Per Equity Partner by 11.5%
The firm posted higher revenue and profits, even as its lawyer head count was steady in 2023.
March 26, 2024 at 01:40 PM
5 minute read
Law Firm Profitability
What You Need to Know
- Revenue improved by 8.1% at Foley & Lardner in 2023, and profits per equity partner grew by 11.5%
- Strong demand across each of the firm's major strategic sectors led to the growth.
- Litigation and intellectual property were among strong practices during 2023.
Foley & Lardner improved its revenue by 8.1% and profits per equity partner by 11.5% in 2023, as the firm cashed in on strong demand across its major industry sectors of energy, health care and life sciences, innovative technology and manufacturing.
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