Holland & Knight has reached a significant milestone by surpassing $2 billion in revenue. This growth follows the leadership changes after Stephen Sonberg stepped down after serving 16 years as managing partner. New leaders, Robert Grammig and David C. Whitestone, have taken the helm, ushering in a period of continued success. A diversified practice group portfolio allowed the firm to effectively counteract challenges posed by external market conditions, leading to a 10.5% increase in revenue and elevating profits per equity partner to $2.29 million.
The firm’s strategy under new leadership has not only expanded revenue but also positively impacted other areas such as headcount and overall profitability. Firm leaders attribute this success to their ability to operate effectively across various practice areas. More details on this major development can be found in the full article on the Daily Business Review.