Global law firm Hogan Lovells is slimming down its operations, announcing plans to close its offices in Warsaw, Johannesburg, and Sydney. The firm cited the decision as part of a broader strategy to prioritize growth in key regions, including London, New York, California, Texas, and Washington, D.C.
“This was not an easy choice, but a necessary one to fuel transformational growth and success in strategic markets,” said CEO Miguel Zaldivar in a statement.
The closures will affect roughly 65 lawyers and 58 support staff, with no specific reasons given for the individual office shutdowns. Hogan Lovells, formed through a 2010 merger between Hogan & Hartson and Lovells, currently boasts over 2,800 lawyers globally.
In a banner year for the firm, Hogan Lovells reported record revenues in 2023, increasing average profit per equity partner by 20%, reaching $2.74 million. The firm generated a total of $2.68 billion in global revenue.
This move follows a trend among global law firms, as Allen & Overy’s merged entity with Shearman & Sterling recently announced similar closures in Johannesburg. Meanwhile, U.S. firms have been scaling back in China, with Perkins Coie and Loeb & Loeb making significant shifts in their operations.
