Biglaw

Paul Weiss Hits Billion-Dollar Revenue Threshold in 2014
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Paul Weiss

Summary: The law firm of Paul Weiss announced that its revenue for 2014 exceeded the billion-dollar threshold.  

In 2014, Paul, Weiss, Rifkind, Wharton & Garrison broke the billion-dollar threshold in revenue and set new records for attorney headcount and partner profitability, according to The American Lawyer.

  
What
Where


Gross revenue at the firm jumped to $1.036 billion, which is a 10.9 percent increase from 2013.

All of the partners at the firm have equity status. Average profits per partner jumped by 6.2 percent to $3.845 million in 2014.

To read more about Paul Weiss, click here.

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!!




Firm chair Brad Karp said, “We were fortunate to have another record-breaking years in profits, revenues and pro bono hours. Plus, we broke the billion-dollar mark in revenues, which is a significant milestone for us.”

The firm saw its gross revenue increase because of large client demand, which forced the firm to hire more lawyers. The number of attorneys at the firm jumped by 10.4 percent to 943 lawyers.



“Our litigation, regulatory and transactional practices, which make up the bulk of our firm’s work, were exceptionally busy,” Karp said.

The firm worked on 145 global announced mergers and acquisitions valued at more than $161 billion.

To read more law firm news stories, click here.

“We are most proud of the fact that we have not cut corners or compromised our culture or core values to achieve our success,” Karp said.

Will Paul Weiss’ revenue continue to increase in 2015? Cast your vote using our poll.

Will revenue at Paul Weiss continue to increase this year?

View Results

Loading ... Loading ...

Image credit: Paul Weiss



 

RELEVANT JOBS

Associate Attorney

USA-PA-Exton

ASSOCIATE ATTORNEY McKenna Snyder LLC, a law firm in Exton, PA has an immediate opening for an ex...

Apply now

Attorney

USA-MI-Sturgis

Qualifications: HaasCaywood is seeking associate attorneys for our Coldwater and Sturgis, Michiga...

Apply now

Attorney

USA-MI-Coldwater

Qualifications: HaasCaywood is seeking associate attorneys for our Coldwater and Sturgis, Michiga...

Apply now

Insurance Defense Trial Attorney/ Senior Counsel

USA-CA-San Francisco

Job description Trial Attorney - Personal Injury Defense Full Job Description Hickey Smith ...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Education Law Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with ...

Apply Now

Education Law Attorney

USA-CA-Carlsbad

Carlsbad office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with 4-...

Apply Now

Education Law and Public Entity Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law and public ent...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top