Paul Weiss Rifkind Wharton & Garrison and Milbank Tweed Hadley & McCloy have become the latest US firms to post rising revenue and partner profits for 2017, with both boosting their top line by more than 5%.

Paul Weiss enjoyed its ninth straight year of revenue growth, pulling in more than $1.3bn, according to preliminary ALM reporting, up 6.5% from the previous year.