Fried Frank Harris Shriver & Jacobson’s profit per equity partner (PEP) jumped 22% in its last financial year driven, at least partly, by strategic and operational changes made by chair David Greenwald.

In the year to 29 February 2016 the firm reported PEP leapt 22% to $2.2m (£1.5m), a record for the firm. Net profit rose 18%, to $228.5m (£159.9m).