Economic and geopolitical dynamics diverged remarkably in 2018. The global economy continued to grow, while political uncertainty mounted as a wave of populism challenged established conventions.
Against this backdrop, we continued to help our clients around the world identify and resolve complex legal and business challenges. This includes representing Brazilian telecommunications company Oi S.A. in the completion of its US$20 billion debt restructuring and acting for global cybersecurity provider Avast in the largest-ever software IPO on the London Stock Exchange.
In 2018 we opened new offices in Chicago, Houston and Tashkent. We added 84 new partners worldwide, in line with our 2020 strategy. And with revenue up nearly 14 percent, we had our highest revenue year on record.
For the fifth consecutive year, The American Lawyer named us the most diverse law firm in the United States. While we celebrate this achievement, we can and must do better. We are committed to making our workplace and our partnership more diverse and inclusive.
The dedication of our people to using their legal skills to make the world a better place resulted in nearly 120,000 hours of pro bono work last year, a record for the Firm. Among the range of pro bono matters we tackled, one highlight was our work to help create a lifesaving program to screen children affected by the Flint, Michigan water crisis.
Our 2018 Annual Review reflects a successful year, putting us in a strong position from which to grow and evolve as we help our clients navigate—and thrive in—an uncertain world.
Insights from guest speakers at Firm events
Events redrawing the global business landscape
Our thoughts on business dynamics
Highlights of our work in 2018
An evolving firm
Diversity and inclusion
For our clients