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April 18, 2023
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As a part of its annual AmLaw 200 protection, The American Lawyer highlighted Spencer Fane for having ‘led the way in which’ in 2022 with income development that continued to outpace peer corporations in Missouri. Spencer Fane has posted double-digit income development every year for the previous decade because the agency has constructed a platform to offer purchasers the expertise and assets they want in geographies the place they do enterprise.
The American Lawyer article, titled “After Top-Line Gains, Missouri Law Firms Seek More Scale,” reported Spencer Fane’s income elevated by 21.5 % in 2022, attributing the agency’s resilience to a development technique specializing in expertise and diversification.
“Pat Whalen, chair and managing companion of Spencer Fane, mentioned that whereas his agency didn’t see a drop-off in mergers and acquisitions or actual property that many others within the trade skilled, it has additionally consciously tried to diversify its choices throughout his tenure, and final yr’s outcomes are a manifestation of such long-term strikes reasonably than a one-off.”
Within the final yr, Spencer Fane has added considerably to areas together with monetary providers, actual property, labor and employment and well being care, amongst others. In recent times, the agency has additionally expanded into new geographical areas together with markets resembling Austin, Nashville, and Tampa, amongst others.
On account of this long-term method, Spencer Fane has sustained its place as one of many fastest-growing law firms in the Am Law 200.
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