Dentons US Achieves Record Financial Performance

Dentons US today announced record-breaking 2025 financial performance, boosted by a sharp change of strategy in the US as well as three years of strong lateral growth.

Record profitability

Profits per equity partner surged over 20% to $1.83M-the largest increase in Firm history and a 42% rise since 2020. Dentons US's net income skyrocketed 22% over last year-the largest increase in Firm history and a 70% rise since 2020. The Firm's net margin hit an all-time high, improving by five percentage points in 2025 and by 10 percentage points since 2020.

Dentons US also delivered its strongest revenue performance to date, reaching $828M in 2025 and exceeding Firm projections-a growth of $57M and a 7% increase over 2024. Additionally, revenue per lawyer rose to $1.13M, reflecting 6% growth from 2024 and a 27% increase since 2020.

"We are thrilled to have once again surpassed our financial projections," said Sonia Martin, Chief Executive Officer of Dentons US. "Consistent and steady growth in financial performance has enabled us to attract exceptional top-tier talent to the equity partner ranks, further enhancing our ability to meet our clients' most critical legal needs."

Executing on a New US Strategy

Dentons US operates as a stand-alone business with its own balance sheet and income statement within a larger branded global network. In 2021, Dentons US appointed a new leadership team of three practicing partners strategically positioned across the country in offices in the West, Midwest, and East Coast. Martin, 52, serving as CEO and located in San Francisco; Chair Keith Moskowitz, 54, located in Chicago; and Managing Partner John Holahan, 46, located in Washington DC, have focused on overhauling Dentons US and executing a new strategy for growth and financial success. Together, this team has positioned Dentons US for exceptional performance, guiding the Firm to record profitability through sustained revenue growth, disciplined cost management, and the execution of strategic business initiatives.

"The remarkable financial success of Dentons US can be attributed to several factors, including a focus on the Firm's core strengths and a disciplined approach to cost management," said Moskowitz. "By closely evaluating the financials and performance across our practice groups, we have positioned the Firm for sustained, long-term success."

Record Lateral Growth

Dentons US's financial performance is reinforced by the continued expansion of its talent base. The Firm has maintained a focused strategy of recruiting top lawyers across high-demand practice areas, further strengthening its platform and enhancing the depth and breadth of services available to clients. Over the past four years, more than 116 partners, counsel, and principals-and more than 445 lawyers overall-have joined Dentons US, including multiple alumni who have returned to advance their careers at the Firm. This sustained influx of high-caliber talent reflects the market's response to the Firm's refreshed profitability, collaborative culture, and reach. Collectively, these additions underscore Dentons US's ongoing investment in building a world-class business-one that continues to grow in both capability and prominence across the legal industry.

"We take great pride in being a high-performing American law firm where talented individuals collaborate in a collegial, team-oriented environment," said Holahan. "We prioritize teamwork as a key mechanism for delivering the highest level of service to our clients. Culture is one of the key reasons we attract top talent and a major factor in driving our success. And that culture derives from the high-caliber lawyers of legacy American law firms that make up the core of our partnership, especially Sonnenschein Nath & Rosenthal, Thacher Proffitt & Wood, McKenna Long & Aldridge, and Alston Hunt. By leading the Firm in a new direction starting in 2021, we are now seeing the tremendous benefits of changing the focus of the US strategy across the Firm's financial results. We are now more than ever positioned for tremendous growth across the US in the years to come."

"The Firm's outstanding lawyers, together with the trust and confidence our clients place in us, have been key to transforming the financial trajectory of the Firm over the past four years," said Martin. "We have seen massive improvements in profitability, attracted a record number of new equity partners, and expanded our ranks. We are focusing on our largest offices in key money centers-New York, Chicago, Washington, DC, Dallas, Los Angeles, and Atlanta-while continuing to evaluate additional growth opportunities nationwide. Most importantly, I'm incredibly proud of the legacy culture we have managed to preserve, which is resonating with attorneys across the legal market who want to practice with others who are exceptionally talented experts in their fields, and who also genuinely care about one another and enjoy working together."

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