Hogan Lovells CEO Miguel Zaldivar, left, and deputy CEO Michael Davison, right. Courtesy photos Hogan Lovells' Net Income Down 13% Due to Fewer Deals, Office Closures, Currency Instability
"We're trying to try to achieve greater profitability, but we're not making that an obsession," said CEO Miguel Zaldivar.
February 22, 2023 at 12:01 AM
6 minute read
Law Firm Profitability
The original version of this story was published on The American Lawyer
After several consecutive years of growth, Hogan Lovells saw both revenue and profits decline in 2022, but leaders at the global firm expressed contentment with the second strongest year in the firm's history given a transactional environment that didn't match the previous year's heights.
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