The ongoing global economic emergency and last year's scuttled merger talks with Allen & Overy weren't enough to shake O'Melveny & Myers' faith in Bradley Butwin, who will serve a third term as chairman of the firm.

The firm announced Butwin's reelection on Thursday. His new term will last until 2025.

The New York-based attorney first took the helm of the firm in 2012, after serving as chairman of its litigation department. The latest election came more than eight months before his new term is scheduled to start in February 2021, demonstrating the O'Melveny partnership's commitment to his vision for the firm.

"Our partners have expressed their utmost confidence in Brad's leadership," Pamela A. Miller, lead director of O'Melveny's Policy Committee and a management team member, said in a statement. "For more than eight years now, under his steady leadership, O'Melveny has expanded our range of client services and enhanced our reputation in the marketplace."

The firm has posted five straight years of revenue increases, with the top line hitting $835.3 million in 2019. That placed it 52nd in the Am Law 100. Viewed by profitability, the firm ranked even higher. It's $2.32 million in profits per equity partner put it in 36th place in this year's rankings.

"Brad sets the highest standards for himself and for the firm," Daniel Petrocelli, also a policy committee member and chairman of O'Melveny's trial practice committee, said in a statement. "He has produced exceptional results over the past eight-plus years, and we are a much stronger, more diversified, and better positioned firm as a result of his efforts."

The failed transatlantic merger discussions with Allen & Overy did not dent the partnership's faith in Butwin. He said earlier this year that the conversations, which were shelved in September—18 months after they became public—led to greater collaboration between the two firms in supporting shared clients and that the cessation of the talks was "mutual."

"I am honored to be reelected as chair by my fellow partners, and deeply appreciate the trust they have placed in me," Butwin said in a statement Thursday. "While the global economy remains challenged, we look forward to helping our clients forge ahead toward a promising future. The cornerstone of our success has been our focus on building and growing enduring, meaningful relationships with our clients through both prosperous and difficult times."

He added that he will be focused over his upcoming term on strengthening these relationships while continuing to provide outstanding counsel across the firm's many practice areas.

In late March, O'Melveny announced four litigators as new managing partners in New York City and three California offices, while also naming new leaders for its M&A, securities litigation, and white-collar practices.

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