Continuing its momentum from 2017 and riding a strong year for the legal market industrywide, Orrick, Herrington & Sutcliffe joined the $1 billion revenue club in 2018, and nearly reached the $2 million mark for profits per equity partner (PEP).

The firm’s gross revenue exceeded the $1 billion mark for the first time in 2018, rising by 7.3 percent to $1.05 billion. And revenue per lawyer (RPL) climbed 4.6 percent, to $1.085 million.