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Home » Mintz Sees Revenue Hit All-Time High as Profits Dip Amid Office Expansion
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Mintz Sees Revenue Hit All-Time High as Profits Dip Amid Office Expansion

News RoomBy News RoomMarch 25, 20241 Min Read
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Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, continuing a decade-long trend in top-line growth, saw its revenue jump 4.5% to a new firm high of $645.2 million. Meanwhile, its net income and average profits per equity partner (PEP) dipped, as Mintz aggressively expanded in Toronto and Miami.

Net income for all equity partners fell 7.7% to $195.6 million. As the equity tier shrank, PEP dropped 2.7% to $2.1 million and revenue per lawyer ticked up 3.2% to $1.24 million, according to preliminary projections. The firm’s fiscal year ends March 31.

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