Kirkland & Ellis reached another record financial year in 2020, with its fastest profit growth in recent years, thanks to a surge in restructuring matters, a comeback in M&A and private equity in the second half, and steady litigation work.

Kirkland’s revenue spiked 16.3% to $4.83 billion, while average profits per partner increased 19.2% to about $6.2 million, according to American Lawyer reporting. The revenue growth rate was the firm’s third-highest in the last decade, while its profits per equity partner growth is the largest leap for the firm in that time period.