Ira J. Coleman, chair of McDermott Will & Emery.
While McDermott Will & Emery didn’t hit double-digit growth in revenue for the first time since 2017, the firm did come as close as one can, with 9% revenue growth in a year where its peers saw declines.
That revenue growth put McDermott at just a hair under the $2 billion mark, sitting at $1.82 billion, up from $1.67 billion in 2021. McDermott also saw 9.2% growth in its average profits per equity partner, hitting a record high of $3.32 million, up from $3.05 million in 2021, as its equity partner tier declined by nearly 5%.
