New York giant sets rivals tough benchmark as it posts average partner profits of £1.09m
March 19, 2003 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
New York litigation powerhouse Paul Weiss Rifkind Wharton & Garrison has confirmed its position as one of America’s most profitable practices with 2002 results showing continued growth in profits and income.
The 500-lawyer firm, which converted to a limited liability partnership at the start of 2003, saw turnover for 2002 move up to $409.5m (£255.7m), up 7% on the previous year’s $384.5m (£240.1m).
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