Cooley, which exceeded the $1bn revenue benchmark for the first time in 2017, has enjoyed another year of record financial results, as net income skyrocketed by nearly 24%.

Fuelled by the strong economic climate last year, Cooley saw revenue surge to $1.23bn, an increase of 14.4% from the $1.07bn it reached in 2017. That translated into revenue per lawyer of $1.3m, an increase of 8.5%.