Debevoise & Plimpton has posted double-digit profit growth for 2015 with average profit per equity partner (PEP) growing 11% off the back of a slew of multibillion-dollar deals and bet-the-company litigation mandates.

Average profit earned by the firm’s 134 partners grew, from $2.38m (£1.7m) to $2.64m (£1.9m) in 2015, marking a record high and Debevoise’s third straight year of profitability growth.