X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Covington Covington & Burling in San Francisco. (Photo: Jason Doiy/ALM)

Citing client need for expert advice on policy, government enforcement and regulation, D.C.-founded Covington & Burling saw 11.3% revenue growth in 2020, while growing profits per equity partner (PEP) 5.5%.

The numbers buck a trend thus far among Am Law 50 firms financial results, which saw reduced expenses and other factors contribute to profit growth that significantly outpaced revenue growth, sometimes by a factor of two or more. 

This premium content is reserved for
Law.com International Subscribers.

BENEFITS OF A SUBSCRIPTION INCLUDE:

  • Customized news by region including UK, Asia, Europe, Latin America, Middle East, Africa, and North America
  • Cutting-edge research such as UK Top 100, China 45, and Asia 50
  • Get the inside track on the biggest breaking stories that delve deep into the issues behind the headlines
  • Comprehensive coverage of the dynamic legal market from people moves to the major international jurisdictions
  • Global view into how legal tech, business of law, in-house and regulatory environments are intersecting worldwide

Already a subscriber?

Patrick Smith

Patrick Smith, based in New York, covers the business of law, including the ways law firms compete for clients and talent, cannabis law and marketing innovation. Reach him at [email protected] or on Twitter at @nycpatrickd

Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

Maximizing Law Firm Profitability: Hiring, Training and Developing Productive LawyersBook

Maximizing Law Firm Profitability: Hiring, Training and Developing Productive Lawyers shows you how to manage your own practice and how to develop the potential of the pe...

Get More Information
 
 

Law.com International Newsletters & Briefings

Sign Up Today and Never Miss Another Story.

Sign up for an unlimited number of complementary newsletters, alerts, and International Briefings. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 American Lawyer Media International, LLC. All Rights Reserved.