The firm, which spun out of operations in Hong Kong and Mexico City last year, had a nearly 10% dip in equity partners and a 6.6% drop in head count overall.

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Mayer Brown, with a head count dip but also increased demand and rates, grew revenue 3.9% to more than $1.98 billion, and profits per partner 14.3%, to nearly $2.8 million last year.

The firm, which spun out of operations in Hong Kong and Mexico City last year, had a 9.9% dip in equity partners and a 6.6% drop in head count overall. With the head count decline, the firm’s revenue per lawyer rose 11.3% to $1.1 million.