Editor’s note: This is part of a series of articles detailing how law firms fared financially in 2021, leading up to the Am Law 100 report on April 26 and the Am Law 200 report on May 24. The full collection is available here.
Breaking with a number of Am Law 100 peers, O’Melveny & Myers grew both the top line and the bottom line at a commensurate level in 2021, when gross revenue and profitability increased in the 10% range. In all, gross revenue reached a firm record of $911 million and average profits per equity partner rose to $2.7 million.
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