Bloomberg Law
Oct. 7, 2021, 10:01 AM UTC

Paul Weiss Set to Crack Rare $6 Million Profit Per Partner Mark

Roy Strom
Roy Strom
Reporter

Paul, Weiss, Rifkind, Wharton & Garrison is on track to grow its revenue by more than $250 million in 2021 and expects profits per partner to exceed $6 million, chairman Brad Karp told Bloomberg Law.

The law firm has seen demand grow by close to 20% this year, Karp said, forcing it to turn back work from some clients. The amount of transactional work for top law firms has been “overwhelming,” he said, and there’s no obvious end in sight.

“All the indications are pointing quite strongly in the direction of continued robust activity [in 2022], especially for the elite ...

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