Revenue and Partner Profits Hit New Highs at Paul Hastings
Chairman Seth Zachary outlined a strategy that's simple, at least on its face: Win more work, and more complex work.
February 28, 2019 at 12:25 AM
4 minute read
The original version of this story was published on The American Lawyer
Profits per equity partner jumped 12 percent to $3.25 million last year at Paul Hastings, marking a nearly 25 percent increase during the past two years, with London revenues increasing by 14 percent.
The firm's top line also reached a new high, with gross revenue climbing 9.1 percent to $1.22 billion in 2018, according to preliminary ALM reporting. That represents the seventh year of continuous revenue growth at the firm.
Revenue per lawyer also increased 6 percent, reaching $1.29 million.
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