Wachtell, Lipton, Rosen & Katz becomes the first firm to crack the $5 million profits-per-partner mark, coming in at $5.5 million. Quinn Emanuel Urquhart & Sullivan was just shy of breaching the $5 million barrier with $4.925 million. For the Am Law 100 as a whole, average profits per partner were up by 5.6 percent in 2014, surpassing 2013’s increase of 0.2 percent.

Kilpatrick Townsend & Stockton posted the highest gain in PPP, 32.1 percent. Twenty-eight other firms had growth rates of at least 10 percent, up from 14 in 2013. Only two firms had double-digit declines, compared with eight in 2013.