Paul Hastings' gross revenue passed surpassed $1 billion mark, with gross revenue increasing by 6.3 percent, revenue per lawyer growing by 8 percent and partner profits and partner profits increasing by 8.5 percent. At the same time, the firm's total number of lawyers was down by 16, though the number of partners increased by seven.
February 26, 2015 at 04:53 PM
1 minute read
The original version of this story was published on The American Lawyer
Paul Hastings saw a record-breaking year in 2014, with gross revenue inching past the $1 billion mark for the first time in the firm’s history. Revenue per lawyer increased by 8 percent, to $1.15 million, while profits per partner grew 8.5 percent, to $2.36 million at the 873-attorney firm.
“It’s gratifying to have a year where the broad progress in our practices is reflected in record financial results,” says its chairman, Seth Zachary.
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