Paul Weiss PPP Forum
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Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
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dwyf
- Posts: 119
- Joined: Fri Nov 29, 2013 7:16 pm
Paul Weiss PPP
What is it about Paul weiss's model that makes them so profitable?
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TLSModBot
- Posts: 14835
- Joined: Mon Oct 24, 2011 11:54 am
Re: Paul Weiss PPP
^This. P,W has a smaller number of equity partners relative to its income producing attorney pool (and an insanely high leverage compared to most firms in the Amlaw 200).
Don't mistake PPP for profitability, though - PPP can and is artificially inflated at a lot of firms. Paul, Weiss IS very profitable (about a 50% profit margin compared to most firms 36-37%) which speaks to more than just leverage - they might be heavily positioned in very profitable practice areas or more heavily rely on high-billing senior attorneys/tons of lower-salaried staff attorneys (the former is pure peculation on my part, I know the latter is at least partly true from previous experience working with P,W as a client once upon a time)
Don't mistake PPP for profitability, though - PPP can and is artificially inflated at a lot of firms. Paul, Weiss IS very profitable (about a 50% profit margin compared to most firms 36-37%) which speaks to more than just leverage - they might be heavily positioned in very profitable practice areas or more heavily rely on high-billing senior attorneys/tons of lower-salaried staff attorneys (the former is pure peculation on my part, I know the latter is at least partly true from previous experience working with P,W as a client once upon a time)
