The Brad Karp Leadership at Wall Street Firm Paul Weiss - Revenue-Per-Lawyer Surges 21%
Lawyers have been unusually productive at Wall Street law firm Paul Weiss.
AM LAW 100 2022 REPORT
In the latest rollout of data about Big Law, the Am Law 100 Report documented this: In the Revenue-Per-Lawyer category, Paul Weiss’ results jumped 21% from 2020. In 2021, that played out to $1,836,000 per-lawyer.
DISRUPTION
Given that financial performance, Paul Weiss muscled out of the 2021 Top 10 rankings Cahill Gordon and Debevoise.
POSITION OF STRENGTH
Yes, Paul Weiss does litigation. However, its motherlode is in transactional. That’s its position of strength during these volatile global economic times and as the overall law-firm market is returning to normal after two years of pandemic boom.
Brad Karp has been the Paul Weiss Chairperson since 2008. That means he got the law firm through the 2008 – 2009 carnage, making hay of the recovery opportunity, COVID, and current cooling of M&A and IPOs.
Editor-in-Chief Jane Genova now and then does freelance assignments for professional services firms such as Paul Weiss. You can connect at janegenova374@gmail.com.
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