The world’s largest 200 law firms have once again surpassed expectations, showing record revenue and profits in the last fiscal year. Revenue for the Global 200—the world’s highest grossing law firms—collectively reached more than $185.6 billion, as high demand and high-dollar deal work drove the industry to dizzying heights.

The world’s top 100 grossing law firms alone, as ranked by Law.com International, increased revenue by 15.3%, to more than $147 billion in total. And average profits per equity partner also increased by nearly 17%, to more than $2.2 million in the past year.