Paul Hastings revenue hits $1bn mark as Milbank posts 14% London growth

Paul Hastings has posted a 6.3% increase in global revenues to reach the $1bn (£652m) mark for the first time in the firm’s history.

Profit per equity partner (PEP) also increased by 8.5% to $2.36m (£1.53m), while revenue per lawyer (RPL) grew 8% to $1.145m (£742,000). The financial growth comes despite a slight dip in total headcount from 889 to 875.

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