Early 2023 financial reports from Am Law 100 firms reveal impressive gains that reversed past setbacks, paced by preliminary indications of a 30% jump in revenue at Quinn Emanuel Urquhart & Sullivan and double-digit increases to the top line at Hogan Lovells and Milbank.
Hogan Lovells and Milbank, saw 10.3% and 17.8% increases to their revenues, translating into approximately 20.6%, and 18.6% increases in profits per equity partner (PEP), respectively, according to information provided by leaders of the firms.