Paul Weiss and Milbank join ranks of US law firms reporting strong results for 2016

US duo post double-digit revenue rises after busy 12 months

Brad-Karp

Paul Weiss Rifkind Wharton & Garrison saw revenue rise 10.1% in 2016 to reach $1.22bn (£984m), a record year for the 959-lawyer firm.

Profits per equity partner (PEP) rose 7.1% to $4.38m (£3.53m), while revenue per lawyer rose 13.4% to $1.27m (£1.02m). The number of partners stayed flat at 139, while headcount rose to 959, a slight increase on 2015.

This premium content is reserved for
Legal Week Subscribers.

Subscribe today to get ALL ACCESS and 15% off!

A premium subscription gives you access to all articles and provides:

  • Trusted insight, news and analysis from the UK and across the globe
  • Connections to senior business lawyers within the leading law firms and legal departments
  • Unique access to ALM’s unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week’s UK Top 50 and Global 100 rankings
  • The Legal Week Daily News Alert, Editor’s Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
  • Optimized access on all of your devices: desktop, tablet and mobile
  • Complete access to the site’s full archive of more than 56,000 articles

Subscribe Now For All Access

For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651