Paul, Weiss, Rifkind, Wharton & Garrison

This article is about the law firm. For other uses of Paul Weiss, see Paul Weiss (disambiguation).
Paul, Weiss, Rifkind, Wharton & Garrison LLP
Headquarters 1285 Avenue of the Americas
New York City
No. of offices 8
No. of attorneys ~850[1]
Major practice areas Antitrust, Bankruptcy & Corporate Reorganization, Communications & Technology, Corporate, Employee Benefits & Executive Compensation, Entertainment, Environmental, Intellectual Property, Litigation, Personal Representation, Real Estate, Tax
Revenue (Gross revenue) $934,500,000 (2014)[1]
Date founded Predecessor firm founded in 1875
Company type limited liability partnership
Website
www.paulweiss.com

Paul, Weiss, Rifkind, Wharton & Garrison LLP (Paul, Weiss) is a law firm headquartered on Sixth Avenue in New York City. The firm practices corporate, personal representation, entertainment law and litigation practices, and won the honor of having the "litigation department of the year for 2006", according to The American Lawyer[2] The firm is also noted for corporate work in mergers and acquisitions (especially in the private equity arena), capital markets regulation, investment funds formation, high-yield debt offerings, bankruptcy and corporate reorganization, employee benefits and executive compensation, finance, intellectual property, real estate and tax law. In addition to its headquarters in New York, Paul, Weiss maintains offices in Washington, D.C., Wilmington, Delaware, Toronto, London, Tokyo, Beijing and Hong Kong.

History

Paul, Weiss traces its roots to a firm founded by Samuel Weiss, father of name partner Louis S. Weiss, in 1875, and to this day continues to represent descendants of the clients of Samuel Weiss. When Samuel Weiss died in 1910, his eldest son William Weiss joined with one of Samuel Weiss's associates Charles B. Cole and two others to continue his father's practice under the name of Goldsmith, Cohen, Cole & Weiss. In 1914, the firm moved to 61 Broadway, where it remained for the next 37 years. In 1925, Goldsmith having retired, the name of the firm became Cohen, Cole & Weiss. Two years later, William's younger brother Louis S. Weiss and his law partner John F. Wharton joined the firm, which became Cohen, Cole, Weiss & Wharton. The firm practiced under this name until June 1946, when former Treasury Department General Counsel Randolph E. Paul and onetime National War Labor Board Chairman Lloyd K. Garrison joined the firm, which became Paul, Weiss, Wharton & Garrison. In 1950, former U.S. District Judge Simon H. Rifkind joined the firm, which assumed its current name of Paul, Weiss, Rifkind, Wharton & Garrison. In 1950, it was the first Wall Street firm to move to midtown. It was also the first major firm to admit a female partner, Carolyn Agger, the future wife of Supreme Court Justice Abe Fortas and a black associate, William T. Coleman, Jr., future Secretary of Transportation. The firm opened a Chicago office in 1957 under the direction of Adlai Stevenson. The office closed in 1960, when each of the Chicago partners assumed positions in the Kennedy Administration. In 1967, former Supreme Court Justice Arthur J. Goldberg joined the firm. He joined the ranks of such notables as Theodore Sorensen, Ramsey Clark and Morris Berthold Abram. The firm briefly took on Goldberg's name, though it was dropped when the former justice left the firm in 1971 to set up his own practice in Washington, D.C.. The firm was known for its defense litigation work and had strong ties to the powerful Democratic Party establishment. Paul Weiss litigators represented Spiro Agnew in his nolo contendere plea bargain after the Watergate scandal. Other notable litigation clients in the 1970s included Jacqueline Kennedy Onassis, Bruce Bromley, Curt Flood (in his unsuccessful lawsuit against Major League Baseball's reserve clause), and the white shoe firm Cravath, Swaine & Moore in a discrimination suit.

Principles of equality and diversity

On October 10, 2007, Paul, Weiss was included in a ranking of law firms by the national law student group Building a Better Legal Profession.[3][4] The organization ranked firms by billable hours, demographic diversity, and pro bono participation. Paul, Weiss was noted as being in the top fifth of firms researched in number of Asian, female, and LGBT associates, and in all other categories it was rated in the 61st to 80th percentile except female partners (40th to 59th percentile) and Hispanic associates (21st to 40th percentile).[5]

Notable representations

Name Partners

References

  1. 1 2 The American Lawyer. Paul Weiss Rifkind Wharton & Garrison Law Firm Profile Accessed January 9, 2015
  2. ↑
  3. ↑ Amir Efrati, You Say You Want a Big-Law Revolution, Take II, "Wall Street Journal", October 10, 2007.
  4. ↑ Adam Liptak, In Students’ Eyes, Look-Alike Lawyers Don’t Make the Grade, New York Times, October 29, 2007, http://www.nytimes.com/2007/10/29/us/29bar.html?em&ex=1193889600&en=4b0cd84261ffe5b4&ei=5087%0A
  5. ↑ Thomas Adcock and Zusha Elinson, Student Group Grades Firms On Diversity, Pro Bono Work, "New York Law Journal," October 19, 2007, http://www.law.com/jsp/nylj/PubArticleNY.jsp?hubtype=BackPage&id=1192698212305
  6. ↑ Debra Burlingame; Thomas Joscelyn (March 15, 2010). "Gitmo's Indefensible Lawyers". Wall Street Journal. Retrieved 2010-03-15.
  7. ↑ Wells, Theodore V., Jr.; Karp, Brad S.; Reisner, Lorin L. (May 6, 2015). "Investigative report concerning footballs used during the AFC Championship game on January 18, 2015" (pdf). Retrieved May 8, 2015.
  8. ↑ Randles, Jonathan (March 16, 2016). "Paul Weiss Missed Caesars Conflict, Examiner Says". Law360.

External links

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