Brad Karp, partner at Paul Weiss. Photo: Ryland West/ALM Paul Weiss, Seeing Record Year in Revenue and Profits, Plans Compensation, Partnership Changes
The growth, including crossing the $2 billion mark in revenue, took place in a year when Paul Weiss hired top talent in London -- a move firm chair Brad Karp called "a strategic opportunity."
March 12, 2024 at 04:55 PM
7 minute read
Law Firm Profitability
The original version of this story was published on The American Lawyer
Paul, Weiss, Rifkind, Wharton & Garrison, citing growth in all five of its core practice areas, saw its overall revenue climb 10.9% to $2 billion, a firm high. Paul Weiss also crossed the $6.5 million mark in profits per equity partner for the first time, also a firm record.
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