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Bowman Brown is partner and chairman of the executive committee and the financial services practice group at Shutts & Bowen in Miami.

Shutts & Bowen is a rare Am Law 200 firm that hasn’t seen a dip in revenue or profits in more than two decades, despite the 2008 financial crisis and the 2020 COVID-19 pandemic.

The Miami-based firm posted a 2.1% increase in gross revenue at $187.1 million. Revenue per lawyer grew by a similar margin: 2.9% at $667,000.

With a 7% increase in net income and an equity partnership that maintained its numbers amid departures and promotions, PEP rose 8.4% to $1.016 million—cracking the $1 million mark for the first time in firm history.

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Dan Roe

I'm a reporter covering the business of law, focusing on Florida-based and national law firms for the Daily Business Review, The American Lawyer, Law.com and other ALM publications. Reach me at: [email protected] or on Twitter at @dan_roe_.

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