Shearman & Sterling’s financials improved in 2018, with the firm reporting higher revenue and profits compared to a year earlier.

Gross revenue in FY2018 totaled $955.5 million, compared to $917.5 million in FY2017—an increase of 4.1 percent. The firm reported net income of $335.3 million, compared to $328.3 million in FY2017—an increase of 2.1 percent.

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