Mayer Brown grew off its modest financial gains in 2015, as gross revenue inched up slightly last year, to $1.26 billion, while its lawyer ranks ballooned 5.2 percent. The firm’s equity partnership also grew by 3.1 percent in 2016.
While the gross revenue mark is a record for Mayer Brown, its head count expansion pushed down other financial metrics, including revenue per lawyer, which dropped 4.8 percent from a year ago, to $795,000. Profits per partner also fell 7.1 percent, to $1.45 million. That drop marked a return to 2014’s partner profit numbers following a 7.6 percent surge in 2015 to a high of $1.56 million.
