Simpson Thacher & Bartlett has reported a significant fiscal year, with profits per equity partner reaching $7.66 million—a 19.1% increase—and revenue jumping 24% to $2.9 billion. The firm’s net income increased by 22.9%, arriving at $1.56 billion, while revenue per lawyer grew by 13.9% to $1.94 million. This growth aligns with the firm’s expansive vision in the U.S. market, as noted by Chair Alden Millard, who emphasized that the firm’s strong performance is reflected geographically. Millard also highlighted the “hypergrowth” of their London office in recent years, underscoring the firm’s success across multiple regions.
For further details, see the original report on Law.com.