Weil, Gotshal & Manges reports it has broken the $2 million barrier for partner profits in 2007, while Manhattan rival Milbank Tweed Hadley & McCloy becomes the latest U.S. firm to post double-digit increases in both turnover and profitability.
Profits per equity partner (PEP) at Weil Gotshal improved by 11 percent to reach $2.11 million, up from last year’s figure of $1.9 million.
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