Demand in transactional work came roaring back at Katten Muchin Rosenman in 2021, resulting in a 10.4% jump in revenue, while profits per equity partner (PEP) passed the $2 million mark for the first time as financials overall improved over 2020.

"It was a lot of deal volume, and the demand for our lawyers' time was up significantly," said Chief Executive Officer Noah Heller, who is based in New York. "Between our corporate practice, our finance practices, our financial group…our real estate department and all of our regulatory (practices), lawyers were busier than ever."  The high demand practices also include the funds and financial markets and funds groups, he said.