Paul, Weiss, Rifkind, Wharton & Garrison offices in Washington, D.C. Bucking Pandemic Cost-Cutting Trends, Paul Weiss Still Managed Double-Digit Growth
Conducting no layoffs, austerity measures or equity partners cuts didn't stop the New York legal giant from having a strong financial showing in a year that tested how firms keep their shops.
February 26, 2021 at 02:58 PM
6 minute read
The original version of this story was published on The American Lawyer
Paul, Weiss, Rifkind, Wharton & Garrison grew revenue 11.2% to cross the $1.5 billion mark, upped its profits per partner over 14% to nearly $5.4 million and saw its net income grow almost 19% to $856 million in a strong year for the firm that saw not just financial challenges for many businesses, but social and political upheaval that went to the core of how Paul Weiss wants to define itself.
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