Skip to main content

What Recession? Big Boston Law Firms Earned Massive Profits in 2020

The Boston Business Journal reported that some of Boston’s biggest law firms, including Mintz, grew their profits by double-digit percentages last year, despite the COVID-19 pandemic and related economic challenges. The article included commentary from Mintz Managing Member Bob Bodian on firm management decisions such as restoring precautionary pay cuts and issuing retroactive pay for those impacted, as well as increasing senior Associate salaries. He also discussed the success of the firm’s Corporate Practice and strong dealmaking activity in 2021. After a better-than-expected year in terms of revenue and more, and with substantial economic growth expected, Mr. Bodian said that “we’re very optimistic about where things are headed.”


Boston Business Journal