Cooley LLP continues its upward trajectory, recording another year of growth across various financial metrics. As of 2024, the firm saw its gross revenue rise by 5.8% year-over-year to reach $2.15 billion, marking a historical high. This growth is attributed to a diverse practice mix and the successful execution of several high-value transactions. The firm’s overall lawyer headcount inched up by 1% to 1,318, resulting in a 4.7% increase in revenue per lawyer to $1.63 million. Net income experienced a 1.5% boost, climbing from $852.6 million to $865.1 million.
CEO Rachel Proffitt attributes the firm’s success to a blend of marquee transactions and steady workflow, which she describes as a ‘magical’ combination. Looking forward, Cooley anticipates further expansion in Asia.
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