After seeing revenue drop for two straight years, Mayer Brown made a return to topline growth in 2011, according to The American Lawyer’s reporting. Gross revenue climbed 2.4 percent to $1.13 billion, while revenue per lawyer and profits per partner both rose 10 percent, to $745,000 and $1.18 million, respectively. (The profits-per-partner figure is the second-highest in firm history.)
Overall, Mayer Brown enjoyed a nearly 13 percent uptick in net income last year, leaving the firm with a 29 percent profit margin-a slight improvement over its 26 percent profit margin of the previous two years.
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