Rising client demand helped drive Mayer Brown to new financial heights last year, pushing revenue at the Chicago-based global firm up 6.8% to just over $1.48 billion. Profits per equity partner grew 6.5% to over $1.8 million.
The firm’s 1,632 lawyers logged 5.1% more client-chargeable hours in 2019 compared to 2018. That’s a far greater uptick than Citi Private Bank and Wells Fargo Private Bank Legal Specialty Group reported in industrywide survey results for the year, finding demand increases of 1.1% and 1.4%, respectively.
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