Hogan Lovells turnover up 6 per cent
Hogan Lovells increased turnover by 6 per cent in 2016, with revenue coming in at $1.93bn for the year. Revenue per lawyer was up 2 per cent to $738,000, while profit per equity partner (PEP) held steady at $1.3m.
Chief executive Steve Immelt said the firm is content with its 2016 results in the face of numerous challenges, and optimistic about the coming year. The majority of Hogan Lovells’ billings came from corporate, litigation, arbitration and employment, with the remainder coming from finance, government regulatory, intellectual property, media and telecoms.