Proskauer Rose chair-elect Tim Mungovan is the first to say that deal work and private capital deployment in 2023 was sluggish and that had an impact on how the New York firm performed.
But he also said Proskauer showed “great strength” in the face of those headwinds, managing to see only a 0.7% drop in gross revenue, to $1.23 billion, after a record year for the top-line figure in 2022.
