Milbank, Tweed, Hadley & McCloy saw its profits per equity partner rise nearly 11 percent in 2017 to $3.46 million, while its gross revenue also rose substantially, to more than $916 million, according to preliminary ALM reporting.

The 690-lawyer firm’s 2017 financial results mark the fifth straight year of solid growth for Milbank. Gross revenues were up 7.1 percent over the prior year, climbing to $916.54 million in 2017 compared with $855.59 million in 2016. The partner profit figure of $3.46 million in 2017 marks a 10.9 percent increase over the $3.12 million in profits per partner that Milbank posted in 2016.

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