Wake Up Call: BlackRock Hires Paul, Weiss to Probe ‘Misconduct’

In today’s column, over a half dozen U.S., Canadian, and Mexican law firms are advising in Canadian Pacific Railways Ltd.’s $25 billion acquisition of Kansas City Southern to create a rail company that runs from Canada to Mexico; Big Law and accounting firms are worried that pandemic burnout will cost them their younger lawyers and consultants; meanwhile, Orrick is giving lawyers and staff an extra 40 hours of paid leave to “unplug.”

• Leading off, asset management giant BlackRock, Inc. hired Paul, Weiss to conduct an internal investigation into reported allegations of discrimination and sexual harassment at the company. (Institutional ...