Greenberg Traurig continued to make steady gains in 2016, with gross revenue growing more than 4 percent to nearly $1.4 billion.

But the full-service firm, which celebrates its 50th anniversary this year, plans to take a break from expanding in 2017 and will instead concentrate on efficiency and profitability. It is taking a wait-and-see approach, said firm executive chairman Richard Rosenbaum—in part because of the political climate and concerns about a move away from globalization.