What does climate change mean for your practice? lawgazette.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lawgazette.co.uk Daily Mail and Mail on Sunday newspapers.
Hogan Lovells weathers Covid-19 storm with 2.8 per cent revenue rise to $2.31bn
19 February 2021
Hogan Lovells weathers Covid-19 storm with 2.8 per cent revenue rise to $2.31bn
Cost savings help fuel 30.8% PEP increase also partly caused by change in partner compensation arrangements
Hogan Lovells office in Washington DC DCStockPhotography; Shutterstock Hogan Lovells grew revenue by 2.8% last year to $2.31bn against a 4% rise in revenue per lawyer (RPL), achieving what chief executive Miguel Zaldivar described as ‘steady financial growth’. While profit-per-equity partner (PEP) rose by 30.8% to $1.97m, a significant proportion of that rise was accounted for by a reporting change, although the firm said more than half was down to efficiencies and cost savings.