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- How Brad Karp Lost the Plot: David Lat’s Forensic Dissection of the Paul Weiss Chairman’s Downfall
BigLaw • Analysis The Karp Collapse: David Lat Dissects the Emails That Ended an Era at Paul… Read more: How Brad Karp Lost the Plot: David Lat’s Forensic Dissection of the Paul Weiss Chairman’s Downfall - Legal Market Analysis – BigLaw’s Lateral Frenzy Is Reshaping the Market
The Perkins Coie exodus in Seattle signals a permanent shift in the lateral hiring labor market that is changing the way top law firms operate. Lateral hiring is no longer just a tactic but an entire business model. When Perkins Coie lost lawyers to the announcement new offices for Morrison Foerster and McGuireWoods. It was in fact a signal of something structural. The departures came as Perkins Coie prepares for its merger with Ashurst, a combination that will create a global platform of roughly 3,000 lawyers. The timing reveals a pattern that now defines elite legal practice: mergers create opportunity, but they also create instability. And instability is oxygen for competitors. What we are witnessing is not a phase. It is the emergence of lateral acquisition as BigLaw’s dominant growth strategy. The New Economics: Why Firms Are Buying Revenue - Clooneys Team Up with Legal Heavyweight Quinn Emanuel To Don the Cape for Global Justice
In a world where celebrity philanthropy often feels like a scripted sequel, the Clooney Foundation for Justice (CFJ) – that noble venture launched in 2016 by Amal Clooney, the hard-wired international barrister from Doughty Street Chambers, and her silver-screen spouse George – has rolled out its Justice Champion Program with all the flair of a premiere. Snagging litigation titan Quinn Emanuel Urquhart & Sullivan as the inaugural partner, this initiative promises a pro bono powerhouse to shield at-risk women from discrimination and violence, while springing journalists from unjust detention for daring to ink the truth. - Meet Scott Barshay – Paul Weiss’s New Chairman and Wall Street’s Most Prolific M&A Lawyer
From Cravath Star to Paul Weiss Chair Ben Thomson, LawFuel contributing writer In one of the most… Read more: Meet Scott Barshay – Paul Weiss’s New Chairman and Wall Street’s Most Prolific M&A Lawyer - Brad Karp’s Paul Weiss Exit – When ‘Once in a Lifetime’ Evenings Come Back to Haunt You
Brad Karp’s 18-year reign atop Paul, Weiss, Rifkind, Wharton & Garrison ended Wednesday night not with a bang, but with a carefully worded statement about “distractions.” Translation: the Justice Department’s release of millions of Epstein-related documents last week made his position untenable faster than you can say “conflict of interest.” The emails paint a picture that’s more uncomfortable than a BigLaw associate’s billable hours target. In July 2015, Karp thanked Epstein for “an evening I’ll never forget,” describing it as “truly ‘once in a lifetime’ in every way, though I hope to be invited again.” Epstein’s response? A promise of “many many nights of unique talents” and assurances Karp would “be invited often.” Spoiler alert: those invitations are now exhibit A in why being Chair of a white-shoe law firm and socialising with convicted sex offenders don’t mix well.
