{"id":108780,"date":"2025-02-20T13:28:26","date_gmt":"2025-02-20T21:28:26","guid":{"rendered":"https:\/\/xira.com\/p\/2025\/02\/20\/venables-revenue-grows-5-amid-nonequity-tier-expansion\/"},"modified":"2025-02-20T13:28:26","modified_gmt":"2025-02-20T21:28:26","slug":"venables-revenue-grows-5-amid-nonequity-tier-expansion","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2025\/02\/20\/venables-revenue-grows-5-amid-nonequity-tier-expansion\/","title":{"rendered":"Venable&#8217;s Revenue Grows 5% Amid Nonequity Tier Expansion"},"content":{"rendered":"<p>After seeing double-digit percentage growth the year prior, Venable increased its gross revenue by over 5% to $858.2 million in fiscal year 2024.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" align=\"left\" border=\"0\" height=\"1\" width=\"1\" alt=\"\" hspace=\"0\" src=\"https:\/\/feeds.feedblitz.com\/~\/i\/913443065\/0\/law\/legal-news\" title=\"\"><\/p>\n<div><a href=\"https:\/\/feeds.feedblitz.com\/_\/2\/913443065\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" width=\"1080\" decoding=\"async\" height=\"20\" src=\"https:\/\/i0.wp.com\/assets.feedblitz.com\/i\/fbshare20.png?fit=1080%2C20&#038;ssl=1\" alt=\"\" title=\"\"><\/a>\u00a0<a href=\"https:\/\/feeds.feedblitz.com\/_\/28\/913443065\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" width=\"1080\" decoding=\"async\" height=\"20\" src=\"https:\/\/i0.wp.com\/assets.feedblitz.com\/i\/fblike20.png?fit=1080%2C20&#038;ssl=1\" alt=\"\" title=\"\"><\/a>\u00a0<a href=\"https:\/\/feeds.feedblitz.com\/_\/29\/913443065\/law\/legal-news,\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" width=\"1080\" decoding=\"async\" height=\"20\" src=\"https:\/\/i0.wp.com\/assets.feedblitz.com\/i\/pinterest20.png?fit=1080%2C20&#038;ssl=1\" alt=\"\" title=\"\"><\/a>\u00a0<a href=\"https:\/\/feeds.feedblitz.com\/_\/12\/913443065\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" width=\"1080\" decoding=\"async\" height=\"20\" src=\"https:\/\/i0.wp.com\/assets.feedblitz.com\/i\/stumble20.png?fit=1080%2C20&#038;ssl=1\" alt=\"\" title=\"\"><\/a>\u00a0<a href=\"https:\/\/feeds.feedblitz.com\/_\/24\/913443065\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" width=\"1080\" decoding=\"async\" height=\"20\" src=\"https:\/\/i0.wp.com\/assets.feedblitz.com\/i\/x.png?fit=1080%2C20&#038;ssl=1\" alt=\"\" title=\"\"><\/a>\u00a0<a href=\"https:\/\/feeds.feedblitz.com\/_\/20\/913443065\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" width=\"1080\" decoding=\"async\" height=\"20\" src=\"https:\/\/i0.wp.com\/assets.feedblitz.com\/i\/rss20.png?fit=1080%2C20&#038;ssl=1\" alt=\"\" title=\"\"><\/a>\u00a0\u00a0<\/div>\n<div data-v-e97bc92c=\"\">\n<p>Washington, D.C. law firm Venable saw gross revenue rise by more than 5% to $858.2 million last year \u2014 moderate growth after seeing <a href=\"https:\/\/www.law.com\/americanlawyer\/2024\/03\/08\/venable-sees-another-consecutive-year-of-growth-with-revenue-up-12-to-812-million\/\" rel=\"nofollow noopener\" target=\"_blank\"><u>double-digit<\/u><\/a> top-line expansion the year prior. The firm has reported consecutive revenue growth each year for more than a decade now.<\/p>\n<\/div>\n<div data-v-e97bc92c=\"\">\n<p>The firm also increased its profitability and net income in 2024, though at a lower rate than its revenue. Profits per equity partner (PEP) inched up almost 2% to $1.36 million, while the firm\u2019s net income grew over 3% to $270.5 million. Revenue per lawyer rose 4.5% to $1.089 million amid mostly steady head count.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>After seeing double-digit percentage growth the year prior, Venable increased its gross revenue by over 5% to $858.2 million in fiscal year 2024. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Washington, D.C. law firm Venable saw gross revenue rise by more than 5% to $858.2 million last year \u2014 moderate growth after seeing double-digit top-line expansion the year prior. The firm [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":108781,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23],"tags":[],"class_list":["post-108780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-com"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/xira.com\/p\/wp-content\/uploads\/2025\/02\/legal-news-CM1ro9.jpeg?fit=767%2C633&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/108780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/comments?post=108780"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/108780\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/108781"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=108780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=108780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=108780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}