Baker Botts Set Another Revenue Record in 2025, but Net Income Slipped With Investments in Laterals, Technology

Houston-founded Baker Botts continues to benefit from the energy sector, with data center revenue in 2025 three times 2024 levels. The firm invested in 2025 in aggressive lateral hiring, technology, including AI, and office space. The firm is seeing efficiency benefits from using AI and has built a roster of clients in the AI space.