Sheppard, Mullin, Richter & Hampton, continuing a 31-year streak of revenue and profit growth, saw its revenue break the $1 billion mark for the first time in 2021. 

Gross revenue rose 15.9% last year to $1.01 billion, while net income increased 18.7% to $361.6 million, allowing profits per equity partner (PEP) to climb 12.9% to $2.26 million.