Hogan Lovells Sees $3 Billion Revenue Target Fast Approaching

Hogan Lovells is getting closer to its goal of $3 billion in annual revenue, according to CEO Miguel Zaldivar.

The global law firm saw a spike in demand, and clients paying their bills on time, in the first half of the year, Zaldivar said in an interview. Revenue ticked up 17% over Zaldivar’s first four years at the helm, reaching nearly $2.7 billion in 2023.

Revenue is up again so far in 2024, along with demand, said Zaldivar, who didn’t provide specific figures. Only seven US-headquartered law firms cracked the $3 billion revenue mark last year.

“I remain cautiously optimistic ...