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Armstrong Teasdale LLP

Comprehensive Law Firm Profile

Executive Summary

Firm Name: Armstrong Teasdale LLP
Founded: 1901
Headquarters: St. Louis, Missouri
AmLaw Ranking: #160 (2024)
Annual Revenue: $218.1 million (2023)
Number of Attorneys: Approximately 350+
Office Locations: Multiple offices across the United States and internationally

Armstrong Teasdale LLP is a full-service law firm with a rich history spanning over 120 years. Founded in 1901 in St. Louis, Missouri, the firm has experienced steady growth and strategic expansion to become one of the top 200 largest law firms in the United States. The firm has shown consistent financial performance, climbing the AmLaw 200 rankings from #166 in 2022 to #160 in 2024, with a revenue of $218.1 million in 2023.

The firm is organized into four key practice groups: Intellectual Property, Litigation, Corporate Services, and Financial and Real Estate Services. Armstrong Teasdale has a robust presence across the United States with offices in major cities and has expanded internationally with an office in Dublin, Ireland.

Known for its commitment to diversity and inclusion, Armstrong Teasdale has been recognized by Bloomberg Law's Diversity, Equity and Inclusion (DEI) Framework. The firm places significant emphasis on professional development, offering mentorship programs and career advancement opportunities for attorneys at all levels. With a client-focused approach, Armstrong Teasdale continues to adapt to the evolving legal landscape while maintaining its core values of teamwork, innovation, and excellence in client service.

Financial Performance

Armstrong Teasdale has demonstrated consistent financial growth over recent years, steadily climbing the rankings of the AmLaw 200 list. The firm's strategic expansion and focus on key practice areas have contributed to its strong financial performance.

Key Financial Indicators:

  • 2023 Revenue: $218,100,000
  • 2022 Revenue: $197,300,000
  • 2021 Revenue: $176,599,000
  • AmLaw 200 Rank (2024): #160 (improved from #162 in 2023)
  • AmLaw 200 Rank (2023): #162 (improved from #166 in 2022)
  • AmLaw 200 Rank (2022): #166 (improved from #174 in 2021)

Revenue Growth

10.5%

Year-over-year (2022-2023)

AmLaw Ranking

↑ 2

Positions gained (2022-2024)

3-Year Growth

23.5%

Revenue increase (2021-2023)

The firm's consistent financial growth is attributed to strategic lateral hiring, expansion into new markets, and strengthening core practice areas. Armstrong Teasdale has demonstrated resilience and adaptability in a competitive legal market, with revenue increasing by approximately 10.5% from 2022 to 2023.

This upward trajectory in both revenue and AmLaw rankings indicates effective management and successful implementation of the firm's growth strategy. The firm continues to invest in key practice areas and talent acquisition to sustain this positive financial momentum.

Culture

Armstrong Teasdale cultivates a collaborative and inclusive workplace environment that emphasizes teamwork, innovation, and client service excellence. The firm's culture is built on a foundation of collegiality and mutual respect among all members of the organization.

Core Values

  • Teamwork: Operates as a unified team to provide comprehensive legal solutions
  • Boldness: Encourages innovative thinking and creative problem-solving
  • Transparency: Fosters open communication within the firm and with clients
  • Passion: Demonstrates commitment to client success and legal excellence

Workplace Environment

  • Collaborative Spaces: Office design promotes interaction and knowledge sharing
  • Work-Life Balance: Supports flexible arrangements to accommodate personal needs
  • Professional Development: Invests in continuous learning and career growth
  • Community Involvement: Encourages giving back to local communities

The firm's culture is characterized by a strong emphasis on mentorship, with experienced attorneys actively guiding newer colleagues. This mentorship approach helps preserve institutional knowledge while promoting professional growth and development at all career stages.

Leadership Approach

Armstrong Teasdale's leadership promotes an inclusive management style that values input from attorneys and staff at all levels. The firm maintains open channels of communication between leadership and team members, fostering a sense of ownership and belonging throughout the organization. This approach has contributed to high retention rates and a positive workplace culture that attracts top legal talent.

The firm's commitment to its culture is reflected in its day-to-day operations, from collaborative case management to firm-wide events that strengthen relationships among colleagues. This cultural foundation supports Armstrong Teasdale's business objectives while creating a fulfilling work environment for all team members.

Compensation

Armstrong Teasdale offers competitive compensation packages designed to attract and retain top legal talent. The firm's compensation structure reflects both market standards and individual performance contributions.

Position Location Base Salary Range Notes
First-Year Associate St. Louis $135,000 Standard starting salary
First-Year Associate Kansas City $135,000 Standard starting salary
Associate Attorney Firm-wide $132,000 - $220,000 Varies by experience and location
Patent Attorney Firm-wide $140,000 - $240,000 Specialty premium
Partner Firm-wide Varies significantly Based on equity status and practice contribution

Bonus Structure

Armstrong Teasdale implements a performance-based bonus system that rewards both billable hours and quality of work. The firm considers multiple factors when determining annual bonuses:

  • Billable hour targets (typically ranging from 1,800 to 2,000 hours)
  • Client development contributions
  • Pro bono and community service
  • Firm citizenship and mentoring activities
  • Overall work quality and client satisfaction

Associates meeting or exceeding billable targets while demonstrating excellence in other areas can expect competitive bonuses that enhance their total compensation packages.

Benefits Package

The firm offers a comprehensive benefits package that includes:

  • Medical, dental, and vision insurance
  • Health savings and flexible spending accounts
  • 401(k) retirement plan with employer matching
  • Paid parental leave
  • Life and disability insurance
  • Professional development allowance
  • Bar association dues coverage
  • Wellness programs and resources
  • Technology stipends for remote work

Partnership Track

Armstrong Teasdale maintains a structured partnership track that typically spans 7-9 years. The path to partnership is transparent, with regular feedback and evaluations to help associates understand their progress and areas for development. The firm considers both objective metrics (billable hours, revenue generation) and subjective factors (leadership abilities, client relationships) when evaluating partnership candidates.

The firm also offers alternative career paths for attorneys who may not pursue equity partnership, including non-equity partner, of counsel, and staff attorney positions. This flexibility allows legal professionals to tailor their career trajectory to their personal and professional goals.

Career Development

Armstrong Teasdale demonstrates a strong commitment to the professional growth and advancement of its attorneys through structured development programs, mentorship opportunities, and ongoing training initiatives.

Associate Development Program

The firm's associate development program provides a clear framework for career progression, with defined milestones and expectations at each level. Key components include:

  • Regular Performance Reviews: Biannual evaluations with constructive feedback
  • Skills Training: Practice-specific and general legal skills development
  • Client Exposure: Early opportunities for direct client interaction
  • Business Development Training: Building skills for client development

Mentorship Program

Armstrong Teasdale pairs associates with experienced partners who provide guidance, support, and advocacy throughout their career journey. The mentorship program includes:

  • Formal Mentorship: Structured partner-associate pairings
  • Informal Mentoring: Organic relationships across practice areas
  • Peer Mentoring: Support networks among associate classes
  • Coaching: Targeted guidance for specific skill development

Continuing Legal Education

The firm invests significantly in ongoing legal education and professional development for attorneys at all levels. Armstrong Teasdale provides:

  • In-house CLE programs tailored to specific practice areas
  • Allowances for external educational opportunities and conferences
  • Access to online learning platforms and resources
  • Support for advanced certifications and specializations
  • Leadership development programs for rising attorneys

Law Student Programs

Armstrong Teasdale offers comprehensive programs for law students, providing valuable experience and potential pathways to permanent positions:

  • Summer Associate Program: Immersive experience across practice areas with meaningful work assignments
  • Clerkship Opportunities: Positions for judicial clerks transitioning to private practice
  • Campus Recruitment: Active presence at law schools across the firm's geographic footprint
  • Diversity Fellowship Programs: Targeted opportunities for underrepresented groups in the legal profession

Partnership Track

The firm maintains a transparent partnership track with clear criteria for advancement. Associates receive regular guidance on their progress toward partnership consideration, with formal evaluations that assess:

  • Legal skill development and practice proficiency
  • Client relationship management abilities
  • Business development contributions
  • Leadership qualities and firm citizenship
  • Community involvement and professional reputation

Diversity

Armstrong Teasdale has demonstrated a strong commitment to diversity, equity, and inclusion (DEI) through established programs, resource groups, and formal recognition. The firm views diversity as a core value and strategic advantage that enhances client service and workplace culture.

DEI Framework and Structure

In 2020, Armstrong Teasdale established a formal diversity, equity, and inclusion department to coordinate and advance the firm's DEI initiatives. Key elements include:

  • Dedicated DEI Leadership: Designated professionals focusing exclusively on advancing diversity goals
  • Billable Hour Credit: Recognition of 25 billable hours for DEI activities
  • Strategic Planning: Comprehensive DEI strategy with measurable objectives
  • Accountability Measures: Regular reporting on diversity metrics and progress

Resource Groups and Initiatives

The firm supports several resource groups that provide community, mentorship, and professional development opportunities:

Women's Inclusion Network (WIN)

Creates a supportive environment for women lawyers and business professionals through mentoring, networking, and professional development programs.

Leadership Council on Legal Diversity (LCLD)

Active participation in LCLD programs, including Fellows, Pathfinders, and 1L Scholars initiatives aimed at developing diverse legal talent.

Recognition and Achievements

  • Bloomberg Law DEI Framework: Named to Bloomberg Law's fourth annual Diversity, Equity and Inclusion Framework, recognizing firms that excel in DEI
  • Mansfield Certification: Achieved Mansfield Certification, indicating the firm's commitment to considering diverse candidates for leadership roles
  • Client Recognition: Received diversity awards from major clients, including Chevron Corporation's Law Function Diversity Award

Recruitment and Retention

Armstrong Teasdale implements targeted strategies to recruit and retain diverse talent:

  • Diverse hiring committees and interview panels
  • Partnerships with diversity-focused legal organizations
  • Participation in diversity job fairs and recruitment events
  • Mentorship programs specifically designed to support diverse attorneys
  • Regular review of advancement metrics to identify and address potential barriers

The firm's holistic approach to diversity and inclusion demonstrates its understanding that creating an inclusive workplace requires ongoing commitment, resources, and accountability at all levels of the organization.

Practice Areas

Armstrong Teasdale is organized into four core practice groups, each encompassing specialized practice areas that serve diverse client needs across industries and sectors. The firm's practice structure enables comprehensive legal services while maintaining deep expertise in specific domains.

Litigation

The Litigation group provides representation in complex disputes across state and federal courts, administrative agencies, and alternative dispute resolution forums.

  • Class Action Defense
  • Complex Commercial Litigation
  • Employment Litigation
  • Insurance Coverage
  • Product Liability Defense
  • White Collar Criminal Defense
  • Appellate Practice
Chambers Ranked

Corporate Services

The Corporate Services group advises on business transactions, governance matters, and regulatory compliance for entities ranging from startups to Fortune 500 companies.

  • Mergers & Acquisitions
  • Securities & Corporate Finance
  • Private Equity & Venture Capital
  • Tax Planning & Controversy
  • Employee Benefits & Executive Compensation
  • Corporate Governance
  • Emerging Companies
Chambers Ranked - Corporate/M&A

Financial & Real Estate Services

This practice group handles complex financial transactions, real estate matters, and restructuring needs for lenders, borrowers, developers, and investors.

  • Commercial Finance
  • Real Estate Development & Transactions
  • Public Finance
  • Bankruptcy & Financial Restructuring
  • Construction Services
  • Environmental
  • Affordable Housing
Chambers Ranked - Environment

Intellectual Property

The IP practice group protects and enforces clients' intellectual property assets through prosecution, litigation, and strategic counseling.

  • Patent Prosecution & Litigation
  • Trademark & Copyright
  • IP Licensing & Transactions
  • Trade Secrets Protection
  • Technology Transactions
  • Data Privacy & Cybersecurity
  • IP Portfolio Management
Chambers Ranked

Industry Focus

Armstrong Teasdale has developed specialized expertise in key industries, allowing for tailored legal solutions that address sector-specific challenges:

Technology

From startups to Fortune 100 companies in software, hardware, and digital services

Manufacturing & Innovation

Traditional and advanced manufacturing across diverse sectors

Health Care

Providers, insurers, life sciences companies, and medical device manufacturers

Financial Services

Banks, insurance companies, investment firms, and fintech enterprises

Energy

Traditional and renewable energy producers, distributors, and service providers

Cannabis

Emerging regulatory and business needs of the cannabis industry

Practice Recognition

Armstrong Teasdale's practice areas have received recognition from leading legal directories and ranking organizations:

  • Chambers USA: Recognized across 7 practice areas, including Corporate/M&A, Environment, Insurance, Intellectual Property, and Labor & Employment
  • Best Lawyers "Best Law Firms": Ranked in numerous practice categories across multiple office locations
  • Legal 500: Recommended in select practice areas for depth of expertise and client service

Client Service

Armstrong Teasdale prioritizes exceptional client service through a structured approach called "Client CultivATion," which focuses on understanding client needs, aligning service delivery with expectations, and continuously improving the client experience.

Client-Focused Philosophy

The firm embraces a client-centric approach that emphasizes:

  • Proactive Communication: Regular updates and accessibility
  • Responsive Service: Timely attention to client inquiries and needs
  • Industry Knowledge: Deep understanding of clients' business sectors
  • Value-Based Solutions: Legal strategies aligned with business objectives
  • Transparent Billing: Clear communication about fees and expenses

Client Feedback and Continuous Improvement

Armstrong Teasdale actively solicits and responds to client feedback through:

  • Formal client surveys and satisfaction assessments
  • Regular check-in meetings to evaluate service quality
  • Individual conversations with clients to ensure alignment of goals
  • After-matter evaluations to identify areas for enhancement
  • Implementation of feedback-driven improvements

Client Teams

Cross-practice teams dedicated to understanding specific client needs and providing coordinated service across practice areas.

Client Portals

Secure technology platforms for document sharing, case updates, and streamlined communication between clients and legal teams.

Alternative Fee Arrangements

Flexible billing options beyond traditional hourly rates, including fixed fees, phased billing, and success-based structures.

Recognition for Client Service

Armstrong Teasdale has been recognized for its client service excellence by various organizations and publications. The firm was nationally recognized for improving client service during the pandemic, demonstrating its adaptability and commitment to maintaining high service standards even during challenging circumstances. Client testimonials consistently highlight the firm's responsiveness, practical approach to legal issues, and ability to deliver solutions that align with business objectives.

Industry-Specific Service Models

The firm has developed specialized service models for key industries, tailoring its approach to address sector-specific challenges and opportunities. These models incorporate:

  • Industry-specific knowledge development for legal teams
  • Customized reporting and communication protocols
  • Specialized training in industry regulations and trends
  • Strategic partnerships with industry organizations
  • Thought leadership targeting industry-specific legal issues

Technology

Armstrong Teasdale leverages advanced technology both to enhance internal operations and to provide innovative solutions for clients. The firm's technology strategy focuses on improving efficiency, security, and service delivery.

Internal Technology Infrastructure

The firm maintains a robust technological foundation to support attorney work and firm operations:

  • Practice Management Systems: Integrated platforms for case management and workflow
  • Cybersecurity Protocols: Advanced security measures to protect client data
  • Remote Work Capabilities: Secure, seamless access to firm resources from any location
  • Knowledge Management: Systems for capturing and sharing institutional expertise

Client-Facing Technology

Armstrong Teasdale offers technological solutions that enhance client service and collaboration:

  • Secure Client Portals: Protected spaces for document sharing and communication
  • E-Discovery Tools: Advanced platforms for efficient document review
  • Real-Time Case Tracking: Dashboards for monitoring matter progress
  • Electronic Billing Systems: Streamlined invoicing and payment processes

Technology Practice and Innovation

Beyond internal technology use, Armstrong Teasdale has developed significant expertise in technology-related legal matters. The firm's Technology practice area serves clients across the technology industry spectrum, from startups to Fortune 100 companies, in areas including:

  • Technology transactions and licensing
  • Data privacy and cybersecurity
  • Intellectual property protection for technology assets
  • Regulatory compliance for emerging technologies
  • Technology dispute resolution

Data Innovation, Security, and Privacy

In 2022, Armstrong Teasdale launched a rebranded Data Innovation, Security, and Privacy practice, reflecting the growing importance of these areas to clients. This specialized practice group:

  • Advises on data governance frameworks and compliance
  • Provides breach response and incident management services
  • Develops privacy programs and policies
  • Guides clients through regulatory requirements (GDPR, CCPA, etc.)
  • Supports technology innovation while managing legal risks

The firm's technology approach balances innovation with practical application, focusing on solutions that create tangible value for both internal operations and client service. Armstrong Teasdale leverages technology to enhance efficiency while maintaining a human-centered approach to legal practice.

Risk Assessment

This section evaluates key risk factors and challenges facing Armstrong Teasdale in the current legal market, along with the firm's approaches to addressing these concerns.

Market Positioning Risks

Mid-Market Competition

As a mid-sized firm (ranked #160 on the Am Law 200), Armstrong Teasdale faces intense competition from both larger firms with more resources and smaller boutique firms with specialized expertise.

Risk Level: Moderate

Geographic Expansion Challenges

The firm's growth into new markets, including international expansion with its Dublin office, presents integration challenges and potential cultural differences across locations.

Risk Level: Moderate

Talent Management Risks

Talent Retention

In a competitive legal market with high lateral movement, retaining top talent remains a challenge, especially as larger firms can often offer higher compensation packages.

Risk Level: Moderate

Succession Planning

Ensuring smooth transitions in leadership and client relationships as senior partners approach retirement presents ongoing challenges for long-term stability.

Risk Level: Low-Moderate

Financial Risks

Profit Margin Pressure

Increasing overhead costs, including technology investments and competitive associate compensation, may place pressure on profit margins.

Risk Level: Moderate

Client Concentration

Dependency on key clients in certain practice areas could create vulnerability if significant clients were to reduce legal spending or move work to other firms.

Risk Level: Low-Moderate

Operational Risks

Cybersecurity Threats

As a law firm handling sensitive client information, Armstrong Teasdale faces ongoing cybersecurity risks that require continuous vigilance and investment.

Risk Level: Moderate

Technology Adaptation

Keeping pace with rapidly evolving legal technology and client expectations for technological sophistication requires ongoing investment and change management.

Risk Level: Low-Moderate

Risk Mitigation Strategies

Armstrong Teasdale has implemented several strategies to address and mitigate these identified risks:

  • Strategic Growth Focus: Targeted expansion in key markets and practice areas to strengthen competitive positioning
  • Talent Development: Robust associate development and partnership track programs to support retention
  • Technology Investment: Ongoing upgrades to technology infrastructure and cybersecurity measures
  • Client Diversification: Efforts to expand client base while deepening existing relationships
  • Alternative Fee Arrangements: Flexibility in pricing models to address client cost pressures
  • Succession Planning: Formalized processes for transitioning client relationships and leadership roles

While Armstrong Teasdale faces the common challenges of the mid-sized law firm market, its consistent growth in revenue and strategic expansion suggest effective risk management. The firm's continued investment in talent, technology, and client relationships positions it to navigate these risks while pursuing sustainable growth.

Competitive Analysis

This section examines Armstrong Teasdale's competitive position in the legal market, analyzing its strengths, weaknesses, opportunities, and threats relative to peer firms.

Strengths

  • Consistent Growth: Steady revenue increases and upward movement in AmLaw rankings
  • Practice Diversity: Well-balanced portfolio across litigation, corporate, intellectual property, and financial services
  • Geographic Expansion: Strategic growth beyond its St. Louis roots to establish national and international presence
  • Industry Recognition: Chambers-ranked practice areas demonstrating market credibility
  • Diversity Commitment: Recognized DEI initiatives that enhance recruiting and retention

Weaknesses

  • Size Limitations: Smaller scale compared to AmLaw 100 firms limits resources for certain large matters
  • Geographic Concentration: Despite expansion, still has stronger midwest presence than coastal markets
  • Brand Recognition: Lower national name recognition compared to larger competitors
  • Compensation Structure: May face challenges matching top-of-market compensation offered by larger firms
  • International Presence: Limited global footprint beyond the U.S. and Dublin office

Opportunities

  • Middle Market Focus: Growing demand for sophisticated legal services at more competitive rates than AmLaw 50 firms
  • Technology Practice: Expansion of technology-focused practices to serve growing technology sectors
  • Strategic Mergers: Potential for acquisitions or combinations to enhance scale and capabilities
  • Alternative Service Models: Innovation in service delivery and pricing to capture cost-conscious clients
  • Specialty Practice Development: Growth in high-demand areas like data privacy, renewable energy, and cannabis

Threats

  • Consolidation Pressure: Ongoing merger activity creating larger competitors with more resources
  • Talent Competition: Aggressive lateral hiring market threatening key partner and associate retention
  • Alternative Legal Providers: Competition from legal tech companies and non-traditional service providers
  • Economic Uncertainty: Potential for economic downturns affecting client legal spending
  • Client Insourcing: Trend of corporate legal departments bringing more work in-house

Competitive Positioning

Armstrong Teasdale occupies a strategic position in the legal market as a mid-sized firm with sophisticated capabilities. Key elements of its competitive positioning include:

  • Value Proposition: High-quality legal services at more competitive rates than larger firms
  • Industry Focus: Deep expertise in specific industries like technology, manufacturing, and healthcare
  • Geographic Strategy: Strategic office locations in key markets while maintaining cost advantages
  • Client Service Emphasis: Differentiation through responsive, client-focused service delivery
  • Middle-Market Client Base: Strong relationships with middle-market companies and regional businesses

Peer Comparison

Armstrong Teasdale competes with several peer firms of similar size and market positioning, including:

Peer Firm AmLaw Rank Revenue (2023) Comparative Strengths
Thompson Coburn #136 ~$269M Larger size, similar midwest presence
Husch Blackwell #96 ~$476M Larger scale, stronger industry focus
Stinson LLP #140 ~$245M Similar size, midwest footprint
Ice Miller #170 ~$205M Similar size, midwest regional focus

Future Outlook

This section examines Armstrong Teasdale's growth trajectory, strategic priorities, and potential developments in the coming years based on current trends and firm initiatives.

Growth Trajectory

Armstrong Teasdale has demonstrated consistent growth in recent years, with revenue increasing from $176.6 million in 2021 to $218.1 million in 2023—a 23.5% increase over two years. This growth pattern suggests several future developments:

  • Continued Revenue Expansion: Projected to maintain growth momentum, potentially reaching $240-250 million within the next two years
  • AmLaw Ranking Improvement: Likely to continue climbing in AmLaw rankings, potentially breaking into the top 150 firms
  • Strategic Hiring: Expected continuation of lateral hiring to strengthen key practice areas and office locations
  • Geographic Expansion: Potential for additional office openings or acquisitions to extend market reach

Strategic Priorities

Based on current initiatives and market positioning, Armstrong Teasdale is likely focusing on several key strategic priorities:

Practice Development

Continued investment in high-growth practice areas, particularly technology, data privacy, renewable energy, and healthcare.

Talent Strategy

Enhanced focus on recruitment, development, and retention of diverse talent to strengthen the firm's capabilities and culture.

Technological Innovation

Ongoing investment in legal technology to improve efficiency, enhance client service, and develop new service offerings.

Market Trends and Firm Positioning

Several market trends will likely influence Armstrong Teasdale's future development:

  • Industry Consolidation: As the legal market continues to consolidate, Armstrong Teasdale may need to consider strategic combinations or acquisitions to maintain competitive scale
  • Alternative Service Models: Increasing client demand for alternative fee arrangements and service delivery models may drive further innovation in how the firm structures engagements
  • Technology Integration: Growing emphasis on legal technology and AI tools will require continued investment and adaptation
  • ESG Focus: Rising importance of environmental, social, and governance issues presents opportunities for new service offerings
  • Remote Work Evolution: Ongoing evolution of hybrid work models will influence firm culture, real estate decisions, and talent strategies

Potential Challenges and Opportunities

Challenges

  • Maintaining growth momentum in a competitive market
  • Balancing geographic expansion with firm culture and integration
  • Managing technology investments while controlling overhead costs
  • Competing for top talent with firms offering higher compensation
  • Adapting to potential economic uncertainty and client spending changes

Opportunities

  • Leveraging value proposition to win clients seeking alternatives to larger firms
  • Expanding specialized practice groups in emerging legal areas
  • Developing innovative service models that combine legal expertise with technology
  • Enhancing cross-selling across practice groups and office locations
  • Building on diversity initiatives to attract and retain diverse talent

Armstrong Teasdale's consistent growth trajectory and strategic investments position the firm well for continued success in the evolving legal market. By balancing expansion with cultural cohesion and focusing on client-centric innovation, the firm appears poised to strengthen its competitive position while addressing the challenges facing mid-sized law firms. The firm's commitment to diversity, technology adoption, and practice development provides a solid foundation for sustainable growth.