Bryan Cave Leighton Paisner’s financial performance was essentially flat in 2020, a year that saw the trans-Atlantic firm reduce its global workforce by 4% as it adopted a new strategic plan.

Gross revenue at the firm dipped by 1% to $860.1 million, while profits per equity partner increased by 0.5% to $837,000. But co-chairs Lisa Mayhew and Steve Baumer agreed that the new plan, dubbed Project Advance, puts the firm in a position to thrive in the coming years.