King & Spalding saw gross revenue jump by nearly 20% to $1.83 billion and net income by more than 25% in 2021, in what the chair called a strong year for the firm’s litigation and transactional practices.

As net income increased to $896.64 million, the Atlanta-based firm’s average profits per equity partner hiked up nearly 25%, from $3.5 million to $4.37 million.

King and Spalding year-over-year financial performance.