Free Market Evaluation - Send us your resume and we will give you free feedback
International Attorney Jobs: International Legal Jobs for Americans
International Attorney Jobs: International Legal Jobs for Americans
7 Must Read Books about the Legal Profession
7 Must Read Books about the Legal Profession
The Top 10 Law Schools by Number of Applications
The Top 10 Law Schools by Number of Applications
Supreme Court Withholds Punishment of Foley & Lardner Lawyer
Supreme Court Withholds Punishment of Foley & Lardner Lawyer
Legal Job Listings
Download PDF

Paul Weiss Enjoys Solid 2008 View Count: 36

Am Law 100 firm Paul, Weiss, Rifkind, Wharton & Garrison had a solid 2008, with both revenue and profits on the rise.

Gross revenue reached $692 million, up 6.3% from 2007; and profits per equity partner climbed to $2.65 million, up 2.3%. At $1.07 million, revenue per lawyer was flat. Head count at the firm, a traditional one-tier partnership, grew by 6% to almost 650 lawyers.

In 2008, the firm handled several high-profile matters, most notably its successful defense of Citigroup in a $2 billion lawsuit in which Italian dairy giant Parmalat charged that the bank contributed to the fraud that led to its bankruptcy. Jurors awarded Citigroup $364.2 million; Parmalat got nothing.

Paul Weiss is representing Bear Stearns in securities suits arising from the investment bank’s failure, and also counts two of Bernard Madoff’s sons as clients.

Get JD Journal in Your Mail
Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Recent lateral hires, including Beth Wilkinson, the former general counsel of Fannie Mae, and Walter Ricciardi, a deputy director of the SEC, should prove to be client magnets.

Paul Weiss Enjoys Solid 2008 by

Tagged: , , , , , , , , , , , , , ,

Posted by on January 25, 2009. Filed under Home,Legal News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

 

 

Job of the Day
LEGAL - Administration Manager
USA-AZ-Scottsdale
Accountability Matters. It’s not a slogan. It’s a philosophy. Live it. Join our team! We are a Law Firm of passionate, talented, and experienced attorneys and staff.  We ...


Apply now

Related Posts: