Kevin Broyles of FisherBroyles. Courtesy photo After Mass Exodus, FisherBroyles Charts Plan for Rapid Growth
After revenue and profits grew in 2023, the firm wants to reach a goal to add enough new partners to exceed last year's head count of almost 300 lawyers, despite the mass exit in early 2024.
March 27, 2024 at 03:46 PM
8 minute read
What You Need to Know
- FisherBroyles saw growth of its gross revenues, net income and profits per partner in 2023.
- A strong M&A practice and big increase in its U.K. earnings helped lead to the increases.
- Despite a mass exodus, the firm has plans to regroup quickly, hiring more profitable partners.
While FisherBroyles saw a mass exit of partners early this year, the distributed law firm grew both its revenue and profits in 2023, drawing financial gains from increased billing rates, a strong M&A practice and more use of alternative fees.
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