After two consecutive years of high single-digit dips in profits per partner, Weil, Gotshal & Manges posted a 16.5 percent upswing for 2014, with PPP climbing to $2.4 million, a level not seen since 2011.

Increased demand, combined with lower head count, also pushed revenue per lawyer up 9.1 percent, to $1.075 million. Gross revenue edged up 1.2 percent, to $1.15 billion.