Just days after Davis Polk & Wardwell managing partner Thomas Reid announced he was leaving the firm to serve as Comcast Corp.’s next general counsel, the firm revealed its 2018 financial results. The numbers glowed.

Gross revenue increased by 12 percent to a record-high near $1.4 billion and profits per equity partner climbed even more. Reid says he wouldn’t have left the 170-year-old Wall Street firm if it wasn’t in a position to thrive.