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Nelson Mullins’ Litigation Demand Helps Grow Revenues, Profits by 9%

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Nelson Mullins’ Litigation Demand Helps Grow Revenues, Profits by 9% | Daily Report
















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https://www.law.com/dailyreportonline/2024/02/29/nelson-mullins-litigation-demand-helps-grow-revenues-profits-by-9/

Jim Lehman of Nelson Mullins. Courtesy photo

NEWS

“Our clients are asking us to open up other offices [in the U.S.], but they’re not asking us to open foreign offices,” said managing partner Jim Lehman.

February 29, 2024 at 03:34 PM

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What You Need to Know

  • Nelson Mullins Riley & Scarborough increased revenues and profits almost 9% each in 2023.
  • Its busiest practice was in litigation, including in defending clients from product liability claims.
  • The firm also continued its rapid geographic and head count growth in 2023, though not as quickly as in 2022.

Nelson Mullins Riley & Scarborough increased gross revenue and profits per partner by nearly 9% last year after seeing investments pay off in hiring laterals in recent years to meet growing demand for the litigation-heavy firm’s services.  

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