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.

While many Am Law 100 firms last year rode a surging M&A wave to massive double-digit revenue growth, Steptoe & Johnson managed to maintain a steady upward climb of revenues based on focusing on its core offerings. At a firm known for its regulatory, litigation, public policy and international trade compliance work, management is cautiously optimistic that its growth trajectory is sustainable over the long term.