King & Spalding posted double-digit revenue gains for the third year in a row in 2022, allowing the firm to crack the $2 billion threshold for the first time ever.

Revenue grew by 10.5%, hitting $2.02 billion. Meanwhile, the firm also set a new record for profitability, increasing profits per equity partner by 8.1% to hit $4.727 million. All told, the firm has doubled revenue and net income over the past seven years, according to chairman Robert Hays.