Despite a significant group lateral departure hitting the firm in early 2023, Troutman Pepper Hamilton & Sanders saw its financial performance hold steady in the last fiscal year, with gross revenue dropping by less than 1% to $1.08 billion.

The firm’s total head count dropped by about 46 total lawyers, 26 of whom moved to Goodwin Procter in the first quarter, including rainmakers Rachael Bushey, Thomas Gallagher and John Jones.