Chairman Paul Schmidt talked about BakerHostetler’s most successful financial year ever in an American Lawyer article titled “Baker & Hostetler Reaches Financial ‘Milestone,’ Exceeding $1B in 2024.” Published March 25, 2025, the article discussed the factors that contributed to the firm’s growth trajectory and outlined the ingredients for continued success, including investing in the newer offices, focusing on the growth of the West Coast presence and continuing to adopt new technologies.