Husch Blackwell has reported a significant increase in its financial performance, with revenue rising 15% in 2024 to $707.8 million. This growth is attributed to expansions in headcount and billing rates across a majority of the firm’s practices. The firm has also reached an important milestone with its profits per equity partner (PEP) crossing the $1 million threshold, reflecting a 20% increase to an average of $1.006 million. Despite this, the equity tier at Husch Blackwell contracted by more than 7%, set against a backdrop of a 13% expansion in its nonequity partner ranks amid overall headcount growth.
For more details, you can view the complete details of the firm’s financial achievements and structural changes here.