FisherBroyles Announces Record-Breaking 2020 RevenuesJan 15, 2021
- FisherBroyles News
(New York – January 15, 2021)—FisherBroyles, LLP is delighted to report annual gross revenue for 2020 of over $113 million and total fee revenue of over $104 million – a record for the Firm to date.
The figure represents a year-on-year increase of 14.8%.
Despite challenging global economic circumstances, 2020 was a year of tremendous successes for the Firm which, in addition to revenue records, included:
• One of the Firm’s largest partnership distributions – the amount of compensation paid to partners;
• Sustained growth and recruitment throughout the year – adding 51 attorneys from global elite firms (47 in the US and 4 in the UK);
• Successful expansion into the UK at the start of the year, and subsequent growth/hiring; and
• Being short-listed in the prestigious Financial Times’ ‘Innovative Lawyers – North America’ awards, in the ‘Rethinking the workplace’ category, for its submission ‘An 18-year, overnight success’
James Fisher, Co-Founder and Co-Managing Partner of FisherBroyles, said:
“Annual revenue of $104 million is FisherBroyles’ best year to date, with expansion and growth on both sides of the Atlantic. It is very likely the first time a distributed law firm has ever reported annual revenue over $100 million.
“Our success in 2020 wouldn’t be possible without our amazing team of lawyers. They offer full-service capability, within a structure which eliminates unnecessary overhead costs, with value passed on to clients.
“Our firm’s unique business model has been proven to work even in the most challenging of times and credit must go to our partners who bought into the vision to create the next generation law firm. 2020 has shown that vision has come to fruition.”
Michael Pierson, Managing Partner, Global Corporate
Direct: + 44 7860 410272
About FisherBroyles, LLP
Founded in 2002, FisherBroyles, LLP is the first and world’s largest distributed law firm partnership. The Next Generation Law Firm® has grown to hundreds of partners in 23 offices globally. The FisherBroyles’ efficient and cost-effective Law Firm 2.0® model leverages talent and technology instead of unnecessary overhead that does not add value to our clients, all without sacrificing BigLaw quality. Visit our website at www.fisherbroyles.com to learn more about our firm’s unique approach and how we can best meet your legal needs.
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