Paul Hastings has reported that 2015 was its most profitable year to date, writes The Am Law Daily.

The US firm saw gross revenue rise 5.6% to $1.06bn (£757m) after passing the billion-dollar mark for the first time last year. Profits per partner kept pace, rising 6.1% to $2.5m (£1.78m), while revenue per lawyer inched up 1.1% to $1.16m (£829,000) at the 912-lawyer firm.