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Malcolm Heinicke Malcolm A. Heinicke of Munger, Tolles & Olson. Courtesy photo

After peaking in 2019, revenue was down for Los Angeles-based Munger, Tolles & Olson in 2020, along with profitability, reflecting the impact of court closures and delayed hearings on a firm that focuses on trial and appellate work.

“Because of the litigation-heavy nature of our practice, the pandemic and the court closures and delay of jury trials—certainly at the start of 2020 and ongoing—have had some effect on our financial projections,” said Malcolm Heinicke, the firm’s co-managing partner. “Despite that effect, we were very pleased with our revenue this year.”

Heinicke pointed to the firm’s gross revenue of $283.3 million, 4.1% less than in 2019, but still the second-highest revenue in the firm’s 59-year history. Revenue per lawyer, at $1.44 million, came in 3.7% less than in 2019, resulting from the decline in gross revenue, shared among a nearly unchanged lawyer head count, down by one at 197.

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