In an interview with The American Lawyer, firm chair Chris Balch shares Holland & Hart’s 2022 successful financial performance, noting the firm saw “an increase in demand, revenue was up, profits were up, headcount was up, our culture is intact.”
- After boosting profits by 30% in 2021, Holland & Hart drove profitability and revenue even higher in 2022.
- Strong practices in real estate and development, environmental law, energy and intellectual property helped insulate the firm from a turbulent deal market.
- Holland & Hart also hired 38 lawyers in 2022, availing itself of talent opportunities as lateral markets cooled.
Holland & Hart followed up a banner year in 2021 reporting 8.5% revenue growth and 1.7% higher PEP in 2022. Balch attributed Holland & Hart’s success in 2022 to talent acquisition and retention, the strength of client relationships, and high-performing practice areas.
“We’re really excited about where we’re headed right now. We’re in great markets, we have great lawyers and professional staff, and because of that we continue to attract top clients and top talent,” Balch said. “Despite all of the challenges in the micro and macro banking environment and the unpredictability in the markets, I’m really optimistic about the year ahead.”
Read the full article here, “Strong Client Relationships and Lateral Hiring Helped Holland & Hart Post 8% Revenue Gain,” The American Lawyer, April 6, 2023.
Reprinted with permission from the April 6, 2023 edition of the THE AMERICAN LAWYER © 2023 ALM Global Properties, LLC. All rights reserved.