What You Need to Know

• Despite the loss of about 46 attorneys over the course of 2023, Troutman Pepper Hamilton & Sanders managed to keep gross revenue relatively steady, with a less than 1% drop.
• The firm, which saw a group move to Goodwin Procter and a cyberattack early on in 2023, saw increases in PEP, RPL, and net income.
• However, the firm also saw a 5% drop in realization, although firm chairman Tom Cole emphasized the importance of other metrics to keep tabs on the firm's financial health.