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.

Last year, Washington-headquartered Arnold & Porter Kaye Scholer passed $1 billion in total revenue for the first time. But for chairman Richard Alexander, the milestone was more than just an exciting sound bite to use for marketing. The revenue threshold had been on the minds of firm leadership since the 2016 combination of Arnold & Porter and Kaye Scholer as a measure that would prove the success of the merger.

Arnold & Porter Kaye Scholer YOY financial chart