After coming close several times in recent years, Paul Hastings cracked the $2 million barrier in profits per partner for the first time in 2012 to hit $2.08 million, according to The American Lawyer‘s reporting.

In addition to posting a 5.9 percent increase in profits to reach its new high, Paul Hastings saw its gross revenue rise 2.8 percent, to $908 million, and its revenue per lawyer increase 0.7 percent, to $1.01 million.