International law firm Hogan Lovells reported record revenues of $3.285 billion, driven by growing client demand in highly regulated sectors. The firm attributed the result to the combined strength of its practice groups, sector expertise and global reach.
According to CEO Miguel Zaldívar, “this has been another year of strong growth for the firm, driven by our unique ability to address the challenges our clients face globally: regulatory complexity, cross-border risk and geopolitical change.”
He added that “our strong leadership position in highly regulated sectors remains a key differentiator and an integral part of our client service. Thanks to our deep sector expertise and global reach, we are able to advise clients on their most complex matters worldwide, which resulted in revenue growth in 2025 across all practice groups and regions.”
The firm confirmed that gross global revenue increased by 11% across its international network.
Regional breakdown (approximate share of total revenue)
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Americas: 50%, contributing $1.6 billion, with US revenue rising by nearly 12% year on year
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EMEA: 46%
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Asia-Pacific: 4%
Global practice groups (approximate share of total revenue)
The breakdown by practice area was broadly in line with the previous financial year. Corporate and Financial accounted for 42% of global revenue, followed by Global Regulatory and Intellectual Property with 30%, and Disputes with 28%.
The firm’s results reflect “the strength of our fully integrated platform in key G20 markets,” said Zaldívar. He added that “clients continue to choose us because we bring together world-leading corporate, financial, regulatory and disputes capabilities within a balanced, resilient global platform designed to meet today’s demands.”
“Many of the most complex transactions take place in highly regulated sectors, where the ability to manage regulatory risk is critical. Our experience advising clients in these sectors drove double-digit global growth in our Corporate and Financial group, even as the transactional market faced disruption in 2025.”
The firm’s Global Regulatory and Intellectual Property group and Global Disputes practice also saw increased client demand, driven by Hogan Lovells’ ability to advise on complex, multi-jurisdictional matters.
“Having one of the strongest business practices in the legal industry was a key factor in our success,” Zaldívar said.
Investments in people and technology drive growth
People remain the foundation of the firm’s business. Hogan Lovells continued to strengthen its talent pipeline by investing in organic growth, promoting 28 new partners and 53 associates earlier this year. This new generation of lawyers plays a vital role in the firm’s ability to deliver high-quality service wherever its clients operate.
The firm also added 49 lateral partners worldwide last year, including nine partners in Italy specialising in mergers and acquisitions, private equity, capital markets, leveraged finance and private credit. This investment positions the firm to respond to growing client demand in one of Europe’s fastest-growing transactional markets.
Long recognised as a leader in legal innovation, Hogan Lovells continues to invest heavily in technology and artificial intelligence. With a focus on the evolving needs of its clients, the firm allocates around 5% of its revenue to technological innovation and digital transformation, including investment in its legal technology company ELTEMATE.