Levick Strategic Communications

Levick Strategic Communications had its third record-breaking year in a row, as it conducted significant work for its corporate, financial, and healthcare clients.

Outlook
Levick Strategic Communications had its third record-breaking year in a row, as it conducted significant work for its corporate, financial, and healthcare clients.

CEO Richard Levick recognized the firm's challenges in 2008, but noted that being a high-stakes firm helped it attain strong results in its specialized sectors.

In 2009, he anticipates a sizable amount of work, focusing on regulatory, financial, food safety, healthcare and medical devices.

“There's no question that we've got a different regulatory climate than we've had for the past eight years,” adds Levick. “Down markets are actually exciting... There's less clutter, more opportunity.”

Staff
The firm lost six staffers as it phased out its international and professional services practices, bringing total headcount to 41.

Senior hires include Michael Konczal, SVP, and Dallas Lawrence, VP. Departures include Greg Wilson, SVP; Chris Harvin, VP; and Fred Jones, VP.

Regional performance
Levick saw growth in the financial sector in New York and the pharmaceutical and chemical sectors in Europe.

Practice areas
Include crisis and litigation, and corporate and public affairs, all of which showed solid growth. The international and professional services units were phased out.

Accounts
New clients include Citgo Petroleum, Six Flags, Southwest Airlines, Debt Settlement USA, Energy Education, and Swiss-Partners Wealth Management. The firm is no longer working with The Executive Office of the Government of Dubai.

Financial performance
Levick reported $10,022,828 in revenue for 2008, a 17% increase over 2007. The firm also noted that 68% of its growth came from new business.

Key facts
Principal: Richard Levick, CEO

Ownership: Independent

Offices: One, in Washington, DC

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