After years of revenue lulling just under the $400 million range, Baker, Donelson, Bearman, Caldwell & Berkowitz saw its revenue shoot beyond that mark for the first time last year.

The Memphis-headquartered firm boosted revenue by 8.5% in 2022, reaching $412.7 million. Meanwhile, its profits per partner climbed by 10.7%, amid an 8% decline in its equity partner ranks. The firm’s head count increased by 1.8% after years of declines.