Top 10 US firm Weil Gotshal & Manges is set to break the $1bn (£521m) fees barrier this year as the New York leader unveils double-digit growth in revenue and partner profits for 2004.

The results, which underline the increasing gap in partner profits between top US firms and their London rivals, see Weil Gotshal’s 2004 fee income hit $908m (£473m), compared with 2003′s figure of $801m (£417m).