Jackson Lewis, a firm known for its expertise in labor and employment law, reported notable financial achievements for the fiscal year 2024. The firm announced gross revenues of $697.1 million, highlighting an 11.6% rise compared to the prior year. Alongside the revenue increase, Jackson Lewis also improved other essential financial metrics, with net income reaching $256.7 million up from $233.3 million in the previous year.
The firm’s continued success is attributed to its strategy of “aggressively hiring” across major geographies. This approach is coupled with an emphasis on associate compensation and retention, reflecting Jackson Lewis’s focus on valuing its workforce while expanding its footprint. For more details, visit the full article in The American Lawyer.