Continuing a long streak of rising revenue, Sheppard, Mullin, Richter & Hampton also posted significantly higher profits in 2023, when profits per equity partner improved by 10.1%, as the firm adjusted from a decade-long boom in transactional practices to more work in litigation, investigations and bankruptcy.

“Our results are a continuation of our culture, our practice mix and our discipline. We have a very consensus–driven and  collaborative partnership. It’s a large tent that allows us to pivot,” said Sheppard Mullin chair Luca Salvi.