Minneapolis-based Dorsey & Whitney saw gross revenue increase by 3.8 percent to $338.5 million in 2014, while revenue per lawyer also grew by 3.8 percent, to $675,000. But the real jump was in profits per partner, which increased by 11 percent, to $605,000.

“We’ve very happy with our performance,” says managing partner Kenneth Cutler, who has worked at the firm for 41 years and calls 2014 the most profitable year in its history.