Paul Weiss Hiring Binge Shows Big Law’s Dealmaker Recruiting War

June 12, 2024, 9:15 AM UTC

Paul Weiss is on a deals lawyer hiring tear as the price tag soars for top partners at elite firms.

The firm has poached more than 20 mergers and acquisitions and private equity partners in the last year. The hires—mostly in London and New York—come from leading UK firms and US rivals, including Kirkland & Ellis and Latham & Watkins. Elite firms pay some top partners $20 million or more per year.

“The amount firms are willing to pay talent has ratcheted up,” said Mary K. Young, a legal strategy consultant at the Zeughauser Group. “The talent they’re paying for ...

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