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.
