Mayer Brown, with core practices such as financial services, regulatory and restructuring, inched closer to the $2 billion mark in 2023, increasing revenue by 2.7% to nearly $1.91 billion.

The firm’s 8.2% drop in equity partners helped push the firm’s profits per equity partner up by 4.4% to about $2.44 million. Overall, net income for all equity partners fell 4.2%, to $621 million.