Armstrong Teasdale’s rapid geographic expansion lately has been supported by a surge in revenue and profits. In 2020, the firm posted a 9.1% increase in gross revenue to $149.2 million and a 9.4% increase in profits per equity partner, to $673,000 last year.

Firm managing partner David Braswell credited the addition of laterals with new business relationships, as well as internal control of rates and pandemic cost savings, as primary drivers of the financial growth. Armstrong is one of several Missouri firms that saw profits spike in 2020.