For the second straight year, Mayer Brown posted a double-digit rise in profits per partner, as gross revenue also increased. “We are really excited about our progress over the last couple of years,” says firm chairman Paul Theiss. “In 2014, we saw a very healthy increase in financial metrics across all regions, including America, Europe and Asia, and across all practice groups.”
The firm’s revenue was up 6.7 percent, to $1.223 billion, and profits per partner jumped 12.8 percent, to $1.45 million. Revenue per lawyer increased 5.8 percent, to $825,000. In 2013, Mayer Brown’s profits per equity partner rose more than 11 percent on the back of 5 percent revenue growth.
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