Paul Weiss placed a priority on its relationship with the wealthy Tisch family over its obligation to a former client, that ex-customer of the law firm alleges in a lawsuit filed Thursday.
Paul Weiss Rifkind Wharton & Garrison failed to disclose ties to the billionaire family, leading to faulty legal advice and costly litigation, the ex-client, Fairstead, a real estate developer and property management firm, claims in its New York Supreme Court suit.
The case highlights Big Law’s exposure to malpractice claims when unsuccessful litigation results in a client’s allegations of a conflict of interest. Paul Weiss said it ...
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