IP-focused Finnegan, Henderson, Farabow, Garrett & Dunner recovered from some of its revenue losses two years ago, posting a 6% jump in gross revenue to $337.2 million in 2023 while the firm saw even faster growth in profitability.

Profits per equity partner increased by 7.5% to $1.3 million, despite a slight 1.7% increase in the firm’s equity partnership to roughly 91 equity partners in 2023. Meanwhile, net income grew by 9.3% to about $122 million at the Washington, D.C.-based firm.