InvestmentFebruary 20, 2026· Confirmed
Proskauer discloses ~3.5% of firm profits invested in technology, mostly AI-related
- Significance
- Medium
- Confidence
- Confirmed
Why this matters
Proskauer Rose is putting capital behind AI. A meaningful marker of where the firm's capability is heading.
In reporting FY2025 results (revenue up 13.8% to $1.58B; profits per partner surpassing $5M), Chair Timothy Mungovan disclosed the firm invested roughly 3.5% of firm profits into technology, funded without debt, with 'almost all' of that investment in service of AI-related strategies covering both tooling and the people needed to implement it. No specific dollar figure, vendor, or product was named.
""We set out to invest in technology (including AI) without debt, and we have done that... almost all of those investments were in service of AI-related strategies." — Timothy Mungovan, Chair, Proskauer Rose"
- Significance
- Medium
- Source type
- Trade Press
AmLaw 100
Proskauer Rose on Panorama
Full timeline of tracked moves, capability areas, vendors in use and their Legal AI Activity Index standing.