When Herbert Smith Freehills and Kramer Levin introduced they have been joining forces final yr, the companies promised the mixture would create a transatlantic powerhouse able to competing with the most important names in Biglaw. Now, we’ve received our first take a look at whether or not that wager is paying off.
As famous by Reuters, HSF Kramer reported $2.407 billion in income for the monetary yr ending April 30, marking its first annual monetary outcomes for the reason that merger formally launched in June 2025.
The agency says the combination has gone even higher than anticipated. International CEO Justin D’Agostino stated HSF Kramer exceeded its monetary targets in its first yr, with revenues coming in “greater than double the goal set on the time of the mixture.”
These numbers matter past one agency’s stability sheet. As we’ve beforehand coated, HSF Kramer was an early participant in a wave of transatlantic legislation agency combos. Since then, we’ve seen Winston & Strawn combine with Taylor Wessing, Ashurst merge with Perkins Coie, and Hogan Lovells full its blockbuster tie-up with Cadwalader. Companies on each side of the Atlantic are clearly betting that larger is healthier in the case of serving multinational purchasers and increasing within the profitable U.S. authorized market.
HSF Kramer now says its focus is on persevering with to develop in areas together with vitality, non-public capital, restructuring, and sophistication motion protection. If the agency’s first-year financials are any indication, the merger honeymoon seems to be lasting slightly longer than most. Congratulations!
Law firm HSF Kramer reports $2.4 billion revenues in first post-merger year [Reuters]
Staci Zaretsky is the managing editor of Above the Regulation, the place she’s labored since 2011. She’d love to listen to from you, so please be at liberty to email her with any ideas, questions, feedback, or critiques. You’ll be able to observe her on Bluesky, X/Twitter, and Threads, or join together with her on LinkedIn.