With double-digit dips in gross revenue, net income and profits per partner, Lowenstein Sandler’s 2023 financials took a hit after an unrepeated contingency fee windfall supercharged its 2022 results.
Core revenue increased from the previous year if contingency fees are removed from the equation, according to chairman and managing partner Gary Wingens. The firm is also poised to bring on a new chief operating officer, Goodwin Procter veteran Michael Caplan.
March 22, 2024 at 05:02 PM
4 minute read
With double-digit dips in gross revenue, net income and profits per partner, Lowenstein Sandler’s 2023 financials took a hit after an unrepeated contingency fee windfall supercharged its 2022 results.
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