McCarter & English offices. Photo: Carmen Natale/ALM McCarter & English Pushes PEP Into 7 Figures
The Newark-based firm increased profits per equity partner (PEP) by 19.5%, to $1.13 million. There was a more incremental year-over-year gain in gross revenue—by 3.7%, to $263.47 million.
March 21, 2022 at 02:36 PM
4 minute read
Law Firm Profitability
The original version of this story was published on New Jersey Law Journal
McCarter & English posted gains in key financial metrics for fiscal 2021, including a sizable gain in average profits per equity partner that pushes that figure past the $1 million mark.
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