Goodwin Chair on Revenue Rise and New Competitors for Law Firms

Goodwin Procter made a splash this month when it announced it had raked in $2.7 billion in the 2025 fiscal year, a record for the firm and a 12% gain from the previous year

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On this episode of our news podcast, On The Merits, we hear from the firm’s chair, Anthony McCusker, about how Goodwin managed this feat. He tells Bloomberg Law reporter Tatyana Monnay that he attributes the firm’s recent success to a long-term strategic plan it developed called “Goodwin 2033.” He also talks about where he thinks the legal industry is heading when it comes to tech—specifically, AI—and growing competition for law firms.

“In a world where maybe the legal answer might be free, or quick to get into the world, clients are going to value that deep industry experience,” McCusker said. “Clients are going to value that business advisory expertise that our lawyers bring. And so ensuring that we are preparing all of our people to be able to deliver that type of benefit to clients is one of the things we’re really focused on.”

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