Boies Schiller Flexner’s financial performance saw a significant boost in 2024, with the firm’s gross revenue increasing by 57.5% compared to the previous year. This surge was largely driven by payouts from contingency fees, contributing more than 40% to the total revenue. In addition to this, a rise in demand from paying clients also played a role in the firm’s robust growth. The firm experienced a 66.7% rise in net income along with a 56.6% increase in profits per equity partner. According to firm chairman Matthew Schwartz, upcoming expansions in the firm’s head count are anticipated, particularly in London.
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