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Baker & Hostetler has crossed a notable financial threshold by generating over $1 billion in gross revenues in 2024, marking a significant milestone in the firm’s history. Under the leadership of Chair Paul Schmidt, the firm achieved an impressive $1.05 billion, characterizing continuous growth over 31 consecutive years.
This achievement underscores Baker & Hostetler’s effective strategy of domestic expansion combined with a strong emphasis on lateral partner recruitment, positioning them well for future growth. Further insights from Paul Schmidt reveal his excitement about the upcoming year and the firm’s commitment to enhancing client service quality.
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