Latham & Watkins posted double-digit revenue gains for the second year in a row in 2019, boosting its top line by 11.3% to just over $3.76 billion.

The firm's growing equity partner tier saw profits rise at nearly the same clip. Profits per equity partner reached $3.78 million, up 9.5% from 2018, and revenue per lawyer rose 3.9% to almost $1.4 million.

Echoing other firms, Latham credited strong demand for what chair and managing partner Richard Trobman called an "absolutely amazing year." Last year, the firm's 2,720 lawyers increased their client-chargeable hours by 8%—far outpacing an industrywide demand uptick of 1.1% reported recently by Citi Private Bank's Law Firm Group.