Reed Smith saw revenue and profit growth accelerate slightly in a strong 2018 market, as it  invested in diversifying its business model.

The international firm, which was founded in Pittsburgh, saw revenue increase by 5 percent, to $1.175 billion, in 2018. Revenue per lawyer increased roughly in proportion, growing 5.4 percent to $761,000.

Global managing partner Alexander Thomas said Reed Smith benefited from strong demand in 2018. “We had a very high level of sophisticated work coming into the law firm, and our lawyers were working very hard,” he said.