Hogan Lovells said its partners voted to appoint Miguel Zaldivar to a second four-year term as CEO, as it looks to join the tiny club of law firms boasting annual revenues over $3 billion. The firm’s revenue had grown steadily for a decade, reaching more than $2.6 billion in 2021, a record year amid a global dealmaking boom. But revenue dropped by 6.6% to $2.4 billion last year, as global dealmaking shrank in response to rising interest rates, high inflation and recession fears. Read more.
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