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Debevoise & Plimpton Debevoise & Plimpton (Photo: Rick Kopstein/ALM)

Debevoise & Plimpton notched an enviable 16.7% gross revenue increase and more than 27% growth in net income last year, adding to a list of big firms that had an exceptional 2020 financial performance, which also includes Cooley and McDermott Will & Emery.

Revenue per lawyer (RPL) grew 7.8%, from $1,479,000 to $1,594,000. Profits per equity partner (PEP) skyrocketed from $3,702,000 to $4,554,000, an increase of 23%.

“I think it was the most surprising and fascinating year of my tenure leading the firm,” said presiding partner Michael Blair, who has led the firm since 2011.

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Dylan Jackson

Dylan Jackson writes about the business of law and race. He can be reached at [email protected] or 305-347-6677. On Twitter @DylanBJackson

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