Hogan Lovells Revenue, Profit Jump as CEO Immelt Set to Exit

Feb. 21, 2020, 12:01 AM UTC

Hogan Lovells CEO Stephen Immelt will end his six-year tenure as the firm’s leader on a high note. The global firm said that revenue in 2019 rose 6% from the prior year to $2.25 billion while profits per equity partner jumped 9% to $1.5 million.

The transatlantic firm formed by the merger of Hogan & Hartson and Lovells a decade ago saw revenue per lawyer, often considered the most telling metric of a firm’s financial health, rise nearly 6% from 2018 to $850,000 last year.

Immelt will step down as chief executive officer and retire from the firm at the ...

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