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Loeb & Loeb offices. Photo: Jason Doiy/ALM Loeb & Loeb offices. Photo: Jason Doiy/ALM

Loeb & Loeb’s gross revenue grew at a lower rate in 2020 than in recent years, but the firm’s 8.5% boost in equity partner profits from reductions in operational expenses has firm leaders reevaluating the costs of travel, events and marketing.

The Los Angeles-based firm continued its upward trajectory in revenue growth to $385 million in 2020, although the 4.1% increase from 2019 is a slower growth rate than the double-digit increases it saw in the 2017 and 2018 fiscal years.

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Justin Henry

Justin Henry covers business news and trends at law firms, with a particular focus on the Pennsylvania market. Reach him at [email protected] or on Twitter @jstnhenry87

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