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Fenwick Fenwick & West offices in Silicon Valley. Photo: Jason Doiy/ALM

Law firms throughout the Am Law 200 have posted incredibly high profits for 2020—several surpassing 20% year-over-year growth—as the pandemic axed many typical annual expenses such as travel and business development.

But those profit jumps pale in comparison to that of Fenwick & West, which saw a staggering 40% increase in net income year over year, driving up profits per equity partner (PEP) 31.2%, from $2,169,000 to $2,846,000, as the firm’s equity tier grew.

Revenue climbed 15%, from $472 million to $543 million. Revenue per lawyer (RPL) rose 7.3%, from $1.36 million to $1.46 million.

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Dylan Jackson

Dylan Jackson writes about the business of law and race. He can be reached at [email protected] or 305-347-6677. On Twitter @DylanBJackson

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