Perkins Coie continues to remain focused on its future prospects despite the legal challenges posed by former President Trump’s executive order. The firm recently experienced a 16% increase in profits per equity partner in 2024, offering a financial cushion as it navigates ongoing litigation concerning the order. Managing Partner Bill Malley has expressed a sense of optimism about 2025, indicating that the firm is well-positioned to maintain its momentum in the year ahead.
In defense against the executive order, Perkins Coie argues that the directive has had significant financial implications, already resulting in a considerable loss of revenue due to the departure of clients. Notably, one of the firm’s lawyers described the impact of the order in court filings as “life-threatening.” As the legal battle proceeds, the firm remains committed to stabilizing its financials and preserving its client base.