Mintz Hits New Revenue, Profit Highs After a Decade Under NY Leader
A deep focus on client service brought another consecutive year of growth to the Boston-based firm, said managing partner Robert Bodian.
April 10, 2019 at 04:24 PM
4 minute read
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo enjoyed another year of revenue and profit growth in 2018, amid changes to the firm's compensation and branding.
Gross revenue increased 7 percent in 2018, to $428 million, according to projections for the fiscal year ending March 31. Revenue per lawyer grew 5.2 percent to $936,000, and profits per equity partner increased 2 percent to $1.32 million.
This marks the fourth year of consecutive growth for the Boston-based firm, which rebranded last year to simply “Mintz” last year. Four years ago, the firm implemented a new system for sharing origination credit that maxes attorneys out at 75 percent of the initial production credit and shares the rest with colleagues or the firm.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Trending Stories
- 1The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 2Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'
- 3'That's Disappointing': Only 11% of MDL Appointments Went to Attorneys of Color in 2023
- 4What We Know About the Kentucky Judge Killed in His Chambers
- 5'I'm Staying Everything': Texas Bankruptcy Judge Halts Talc Trials Against J&J
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250