Hinshaw & Culbertson, with a significant Chicago combination and growth in existing offices, saw revenue climb last year by nearly 12%, to north of $218 million.

Average profits per equity partner also skyrocketed more than 34%, as retirements and the progression of some lateral partners through a contract stage had some effect, said firm chair Peter Sullivan. In all, the equity tier declined by 10.7% to about 72 partners.