'Just as Busy': McCarter & English Grows Revenue, Profit During Pandemic Year
"Literally we were watching this daily. Every day, things were good, and we'd say, 'what about tomorrow?'" McCarter executive committee chairman Joseph Lubertazzi Jr. said.
March 08, 2021 at 01:16 PM
4 minute read
Law Firm Profitability*Editor's note: This story was updated to include the correct year-over-year percentage change in profit per equity partner.
McCarter & English stayed "just as busy, pretty much across the board" during the pandemic, according to its managing partner and, as a result, posted its highest annual revenue total, $254.1 million, in fiscal 2020.
"I characterize it as spectacular," said managing partner Joseph Boccassini in a recent phone interview of the firm's 2020 financial performance. "A lot of people stepped to the forefront for us. It really enabled us to let our strength shine" and "showed us on the management side that being calm, not overreacting to any information that came out … served us very, very well."
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
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.
Law Firms Mentioned
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