Simon Malko. Courtesy photo Even With Equity Partner Expansion, Morris Manning Increased Profits
The Atlanta-based firm posted a hefty 23.5% increase in net income as demand rebounded in the second half of 2020.
February 23, 2021 at 07:07 PM
4 minute read
Morris, Manning & Martin's profits soared in 2020, amid lower expenses, flat head count and high productivity. Managing partner Simon Malko called it a "successful year built on a tremendous amount of teamwork."
Morris Manning posted a 2.7% revenue increase to $152.84 million and a hefty 23.5% increase in net income to $66.17 million. That translated into a 2.7% increase in revenue per lawyer to $852,000 and an 8.3% increase in profit per equity partner (PEP) to $1,414,000.
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