Paul Weiss Rifkind Wharton & Garrison has posted healthy financials for 2008, with both revenue and partner profits increasing, thanks in part to a strong performance in litigation. The US firm's revenue increased by 6.3% to reach $692m (£501m), while profits per equity partner climbed by 2.3% to $2.65m (£1.92m).At $1.07m (£780,000), revenue per lawyer was essentially flat, up by just 0.2%. Headcount at the firm, a traditional one-tier partnership, also grew by 6% to almost 650 lawyers.
January 26, 2009 at 06:47 AM
1 minute read
The original version of this story was published on Legalweek
Paul Weiss Rifkind Wharton & Garrison has posted healthy financials for 2008, with both revenue and partner profits increasing, thanks in part to a strong performance in litigation.
The US firm’s revenue increased by 6.3% to reach $692m (£501m), while profits per equity partner climbed by 2.3% to $2.65m (£1.92m).
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