Patrick Whalen, managing partner with Spencer Fane. (Courtesy photo) Spencer Fane Is the Fastest Growing Am Law 200 Firm Over the Last 5 Years
A look at the firm's growth and strategy is a case study on how a law firm can add market share, climb the rankings, and grow profits, all at the same time.
July 01, 2024 at 05:00 AM
6 minute read
The original version of this story was published on The American Lawyer
The fastest-growing Am Law 200 firm by revenue over the last half-decade isn't necessarily who you'd expect.
Spencer Fane, once a regional firm mostly known in the Midwest, has leapfrogged 21 spots in the Am Law 200 rankings in the last two years to No. 142 this year, generating $266.8 million in 2023. Overall, the Kansas City-founded firm has increased revenue by roughly 139% since 2018, the highest growth percentage of any Am Law 200 firm in the span of time, including among the New York and West Coast elite firms.
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