Covington’s Revenue Surges Nearly 18% to Surpass $2B Mark by RG | Mar 12, 2026 | Law.com Average PEP surged by nearly 22% to $3.2 million, as it expanded its single-tier partnership by about 2% to around 324. Average PEP surged by nearly 22% to $3.2 million, as it expanded its single-tier partnership by about 2% to around 324.