Paul Hastings
Paul Hastings is a global law firm providing M&A, private equity, capital markets, finance, litigation, and regulatory legal services to financial institutions, PE sponsors, and Fortune 500 companies across US, Europe, and Asia Pacific offices.
- Company typePrivate
- Founded1910
- HeadquartersLos Angeles, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Paul Hastings does
Paul Hastings LLP is a privately held, partner-owned global law firm headquartered in Los Angeles with its main US office in New York and a regional headquarters in London. Founded in 1910 and operating as a limited liability partnership across nine US offices plus London and Hong Kong, the firm provides corporate transactional and disputes services — notably M&A, private equity, investment funds and private capital, capital markets, finance and restructuring, life sciences (transactions and regulatory), energy and infrastructure, real estate, and litigation — to financial institutions, private equity sponsors (including Apollo, Blackstone, Carlyle, and KKR), and a broad roster of Fortune 500 and growth-enterprise clients.
The firm monetizes exclusively through professional services fees structured as hourly billing, fixed fees for defined matters, and success-based fees for transactions. Fiscal 2024 revenue reached $2.68 billion, a 20% year-over-year increase, with profits per equity partner of just over $653,000 (up nearly 21% and more than doubled since FY2020). London office revenue grew 25% to $272.4 million for the year ending January 31, 2025. The underlying operating model is partner-led enterprise field sales, with no consumer or self-serve channel; client engagement is direct, multi-year, and frequently cross-border.
Operationally, Paul Hastings runs on Enterprise financial systems (Elite's financial operations software for billing, collections, reporting, and compliance, including a new cloud migration supported by Elite's Advisory Services unit) and is a customer — not a developer — of Bloomberg Law's legal matter and task management platform. Distribution is entirely direct through its global office network and partner relationships; there is no software, SaaS, reseller, or marketplace channel. The firm invests heavily in talent acquisition, having hired more than 140 partners since 2023 from competitors including Cravath, Kirkland & Ellis, Latham & Watkins, Ropes & Gray, Hogan Lovells, Cooley, Dechert, and Slaughter and May, and channels go-to-market through thought-leadership content, league-table recognition (Chambers USA "Law Firm of the Year" 2026, #1 APAC M&A 2025, 13th globally for deal value), and deal- and hire-driven earned media.
Paul Hastings firmographics
Firmographics- Name
- Paul Hastings
- Legal name
- Paul Hastings LLP
- Website
- https://paulhastings.com
- Company type
- Private
- Founded year
- 1910
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Paul Hastings is a global law firm providing M&A, private equity, capital markets, finance, litigation, and regulatory legal services to financial institutions, PE sponsors, and Fortune 500 companies across US, Europe, and Asia Pacific offices.
- Ownership category
- akta.pro rank
Paul Hastings industry classification
Industry- Product category
- Legal Services
- NAICS
- Offices of Lawyers (541110), Offices of Lawyers (54111), Legal Services (5411)
- SIC
- Services-Legal Services (8111)
- akta.pro primary industry
- Mergers & Acquisitions (M&A) & Securities Law (BPAHAAAI)
- akta.pro secondary industries
- Litigation Support & Expert Witness Services (BPAHALAG), Strategic Partnerships, Alliances & JVs Advisory (BPAHADAI)
Keywords
Where Paul Hastings is headquartered
LocationHeadquarters
- HQ city
- Los Angeles
- HQ country
- United States
- HQ region
- North America
Offices9 records
Markets served
Paul Hastings business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Legal Services Fees: Paul Hastings generates revenue through legal services fees, including hourly billing, fixed fees for specific matters, and success-based fees for transactions. Revenue reached $2.68 billion in fiscal 2024, a 20% increase year-over-year.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise legal services |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Paul Hastings product offering
Product offeringCore offering
Paul Hastings is a global law firm that provides legal advisory and representation services to corporations, financial institutions, private equity sponsors, and emerging companies. The firm delivers counsel across transactional, regulatory, and contentious matters, including M&A, private equity, capital markets, finance and restructuring, litigation, international arbitration, and sector-focused practices such as life sciences and energy.
Product overview
Paul Hastings LLP is a global law firm providing legal services across multiple practice areas including mergers and acquisitions, private equity, capital markets, finance, restructuring, litigation, and energy/infrastructure. The firm does not offer a software product; its 'products' are legal services delivered by attorneys. Services include advising on transactions (M&A, IPOs, financing), litigation, regulatory matters, and corporate counseling across sectors such as technology, life sciences, energy, financial services, and real estate.
Differentiator
Problem solved
Functional benefit
Products and services
- Mergers and Acquisitions
- Private Equity
- Capital Markets
- Finance and Restructuring
- Litigation and Disputes
- International Arbitration
- Investment Funds and Private Capital
- Life Sciences Transactions
- Life Sciences Regulatory
- Energy and Infrastructure
- Greater China Practice
Quantifiable outcome
- $250 billion+ in global deals advised in 2025
- +3 more outcomes
Companies that use Paul Hastings
Customer profileNamed customers16 records
Segments8 records
Ideal customer profiles4 records
Paul Hastings technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Paul Hastings partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Kirkland & Ellis LLPcorePaul Hastings served alongside Kirkland & Ellis and Ropes & Gray as legal advisors to KKR on the $2.2 billion sale of Novaria Group to Arcline Investment Management.
- Morrison Foerster LLPcoreMorrison Foerster and Paul Hastings served as legal advisors to Sumitomo Forestry on the $4.5 billion acquisition of Tri Pointe Homes.
- SWHY FinancingminorSWHY Financing served as advisor while Paul Hastings provided legal counsel for Shanghai Zhida Technology Development's capital raising initiative.
- Multiple Law Firms (Simpson Thacher, Hogan Lovells, Kirkland & Ellis)coreMultiple law firms including Simpson Thacher, Hogan Lovells, Paul Hastings, and Kirkland & Ellis advised on ByteDance's TikTok US Joint Venture transaction.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
Paul Hastings competitors and assessment
Company assessmentDirect peers
- Davis Polk & Wardwell: Elite New York law firm with leading M&A, securities, and finance practices. Directly competes for premium corporate transactional mandates and capital markets advisory work.
- Sullivan & Cromwell: Premier global law firm for M&A, securities, and capital markets, with strong cross-border capabilities. Directly competes with Paul Hastings for high-end transactional work, particularly in financial services and Greater China.
- Skadden, Arps, Slate, Meagher & Flom: Large global law firm with a top M&A, private equity, and capital markets practice. Direct competitor for the same enterprise and PE client base that Paul Hastings serves.
- Wachtell, Lipton, Rosen & Katz: Elite New York law firm and a longstanding leader in M&A and corporate governance. Direct competitor for the largest, most complex M&A transactions.
- Simpson Thacher & Bartlett: Top-tier U.S. law firm with a leading private equity, M&A, and capital markets practice. Directly competes for PE sponsor mandates; recently co-counseled with Paul Hastings on the ByteDance/TikTok US JV matter.
- Clifford Chance: Major global law firm with strong cross-border M&A, finance, and capital markets capabilities. Direct competitor for international and London-based mandates; Paul Hastings competes with it for cross-border PE and corporate finance work.
- Cravath, Swaine & Moore: Elite New York-based law firm historically dominant in M&A and securities law. Directly competes for premium M&A mandates and is one of the firms Paul Hastings has hired partners from to expand its transactional bench.
- Latham & Watkins: Global elite law firm with a top-tier M&A, private equity, and capital markets practice. Directly competes for the same enterprise clients and large transactional mandates; a frequent source of lateral hires for Paul Hastings.
- Kirkland & Ellis: The world's largest law firm by revenue and the dominant player in private equity and M&A. Directly competes with Paul Hastings across the PE, M&A, and finance practices, and is also a frequent co-counsel on matters (e.g., KKR's Novaria Group sale).
- Cleary Gottlieb Steen & Hamilton: Premier global law firm for M&A, securities, and international corporate work. Direct competitor for cross-border transactional matters and in the Greater China capital markets space.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Paul Hastings social profiles
Digital presencePaul Hastings financial estimates
Financial estimateRevenue estimate
Valuation estimate
Paul Hastings leadership team
Management profileNumber of profiles
Profiles14 records
Paul Hastings funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Paul Hastings M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Paul Hastings
What does Paul Hastings do?
Paul Hastings is a global law firm that provides legal advisory and representation services to corporations, financial institutions, private equity sponsors, and emerging companies. The firm delivers counsel across transactional, regulatory, and contentious matters, including M&A, private equity, capital markets, finance and restructuring, litigation, international arbitration, and sector-focused practices such as life sciences and energy.
Is Paul Hastings a public or private company?
Paul Hastings is a private company. It is classified as management employee owned and is currently operating.
When was Paul Hastings founded?
Paul Hastings was founded in 1910. It employs 1,001 to 5,000 people.
Where is Paul Hastings based?
Paul Hastings is headquartered in Los Angeles, United States, in the North America region.
How does Paul Hastings make money?
One revenue line is on record: legal Services Fees.
Who are Paul Hastings's main competitors?
Direct peers on record are Davis Polk & Wardwell, Sullivan & Cromwell, Skadden, Arps, Slate, Meagher & Flom, Wachtell, Lipton, Rosen & Katz, Simpson Thacher & Bartlett, Clifford Chance, Cravath, Swaine & Moore, Latham & Watkins, Kirkland & Ellis and Cleary Gottlieb Steen & Hamilton.
Does Paul Hastings have an API?
No public API is recorded for Paul Hastings.
What industry is Paul Hastings in?
Paul Hastings's product category is Legal Services. Its primary akta.pro industry code is BPAHAAAI, Mergers & Acquisitions (M&A) & Securities Law, with a secondary code of BPAHALAG, Litigation Support & Expert Witness Services. Its NAICS code is 541110 and its SIC code is 8111.