Hogan Lovells’ upcoming merger with Cadwalader will nearly double its New York-based revenue, putting that office nearly on par with its highest-grossing centers.
The nearly $500 million in combined New York revenue will bring it close to what Hogan Lovells considers its profit “hubs” of Washington DC and London, which generate about $600 million and $500 million respectively, said Miguel Zaldivar, the firm’s CEO, in an interview.
“I assure you we could attract private capital lending practitioners to New York because we will have a credible finance practice,” he said.
Hogan Lovells’ financial trajectory shows the importance of the Cadwalader …