Orrick Herrington & Sutcliffe boosted revenue by 6.2% in 2023, but profits per equity partner were flat as the firm’s equity partnership swelled by 13.8% due to aggressive lateral partner hiring and an early year merger with Washington, D.C.-founded financial services firm Buckley.

“It was a very strong year in terms of client results and in terms of financial performance and in terms of strategic investments,” Orrick Chair Mitch Zuklie said in assessing 2023.