Miguel Zaldivar has been re-elected as Chief Executive Officer of Hogan Lovells for a further four-year term. Zaldivar, who has held the role since 2020, successfully navigated the firm through the pandemic to achieve record-breaking financial results just a year into his tenure. In a statement, Marie-Aimée de Dampierre, a Hogan IP partner and board chair, commended Zaldivar and his management team for delivering ‘outstanding results’ during ‘turbulent and unprecedented times’.
The Hogan global board unanimously recommended Zaldivar to remain in his position, demonstrating full confidence in his leadership. The international transactions lawyer, currently based in Washington, will continue to work to realise the firm’s growth and operational ambitions.
In 2022, Hogan recorded more than $2.4 billion in gross revenue, making it one of the top 15 largest US law firms. The firm also reported profits per partner nearly reaching $2.3 million. Although revenue showed a slight decrease of 6.7% from 2021, Zaldivar associated the dip to a slowdown in M&A transactions. Despite this, Zaldivar anticipates a ‘strong’ performance for Hogan in 2023, citing the firm’s ‘very strong balance sheet’ as indication of its potent financial health.
Zaldivar stated that Hogan is still willing to seek strategic merger opportunities and welcome lateral moves from high-performing teams, echoing openness for growth in all forms. Miguel Zaldivar’s former role was leading Hogan’s Asia-Pacific operations, and with mature experience in US, Asian, and European project development and finance work, he is well-equipped to lead the firm on the global stage.
Reflecting on his transition from transaction lawyer to management, Zaldivar admitted that it was initially a challenging change, but emphasized his enthusiasm for the role, stating, “It was hard to become a full-time CEO, Now, that challenge is over and I really love it.”
The full article detailing Zaldivar’s reappointment and his ambitions for Hogan can be found here.