Correction, 2/27/2012 9:40 a.m., EST: The original version of this story misstated the Weil, Gotshal & Manges’s average profits per partner figure for 2012. That figure is $2.23 million. The story also incorrectly reported that a fraudulent conveyance action in which Weil represents Andarko Petroleum Corporation had settled. The first and seventh paragraphs of the story have been revised to reflect the correct information. We regret the errors.
A year that saw Weil, Gotshal & Manges expand its partnership ranks significantly ended with the firm’s gross revenue essentially flat at $1.229 billion and its profits per partner down 8.6 percent, to $2.23 million, according to The American Lawyer‘s reporting. The firm’s net income was also down 4 percent, to $435 million.
