The San Diego firm's 2020 was an amalgam of prevailing trends in the Am Law 200: Layoffs in spring, a $5.5 million PPP loan, and surprisingly resilient clients that came through for a year of record revenue and 27% more income.
March 01, 2021 at 03:56 PM
1 minute read
Reporter
The original version of this story was published on The Recorder
After a turbulent year riddled with unprecedented challenges and uncertainty, Procopio, Cory, Hargreaves & Savitch managing partner John Alessio felt like his firm ultimately finished 2020 in surprisingly good fashion.
The San Diego-based law firm posted $125.5 million in gross revenue, a firm record, and a 25% jump in profits per partner to $982,000. Revenue per lawyer jumped 9.3% to $764,000 and average partner compensation grew by 15% to $766,000.
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Chief Operating Officer John Alessio and COO Jim Perkins Courtesy Photo
