New York-founded Proskauer Rose saw an 18% jump in revenue and a 21% increase in profits per equity partner (PEP) in 2021, crossing the billion-dollar mark in revenue for the second time in the firm’s history. 

The firm saw gross revenue of $1.17 billion in 2021, up from $990 million in 2020. The revenue growth is a rebound and then some for Proskauer, which had gross revenue of just over $1 billion in 2019 before a decline in 2020.