Paul Hastings
 | |
| Headquarters | Paul Hastings Tower Los Angeles |
|---|---|
| No. of offices | 21 |
| Major practice areas | General practice |
| Key people | Seth M. Zachary, Chair of Firm; Greg Nitzkowski, Managing Partner |
| Date founded | 1951 |
| Founder | Lee Paul, Robert Hastings, Leonard Janofsky |
| Company type | Limited liability partnership |
| Website | www.paulhastings.com |
Paul Hastings LLP, formerly known as Paul, Hastings, Janofsky & Walker LLP, is an international law firm with 21 offices worldwide. Paul Hastings serves a diverse client base that includes many of the top financial institutions and Fortune 500 companies.[1] It is one of the largest law firms in the United States, with over $1 billion of revenue in 2015.[2]
History
Paul Hastings' first office was founded in Los Angeles in 1951 by Lee Paul, Robert Hastings, and Leonard Janofsky.
The firm's expansion beyond Los Angeles was part of the founders' vision for the firm. In 1974, Paul Hastings first ventured outside of Los Angeles to nearby Orange County, California. From there, the firm continued to expand its size and geographic reach to better meet the needs of clients. In the 1970s, Paul Hastings began moving into the Asia-Pacific region, gaining a foothold by helping Japanese clients set up US operations, distribution, and joint ventures. In the following decade, the firm opened its Tokyo office, performing M&A and financing work for clients in the region as well as picking up new Japanese, Korean, and Taiwanese clients.
Rankings
Paul Hastings ranked 1st two years in a row in The American Lawyer's 2014 and 2015 A-List of the 20 most successful law firms in America.[3] The firm was also ranked 2nd overall in a list of the top 40 most innovative law firms in the Financial Times' US Innovative Lawyers 2013 report.[4] Paul Hastings has grown to become one of only two US firms founded after 1950 to reach the top 15 in the US. The firm was recognized by Law360 as a Pro Bono Firm of the Year in 2013 and ranked 1st in the 2013 AmLaw Associate Tech Survey. Paul Hastings also ranked first as the Overall Best Firm to Work For by Vault.com.[5]
Paul Hastings was one of the first US firms in Asia, and today maintains offices in Beijing, Hong Kong, Shanghai, Seoul, and Tokyo. Additionally, Paul Hastings has a strong presence in Europe, with offices in key locations such as Brussels, Frankfurt, London, Milan, and Paris. The European practice advises clients across the continent on matters of French, German, Italian, UK, US, and EU law and regulation.
One of the firm's major practice areas is acting as designated lender counsel in private equity buyouts.[6]
Notable attorneys
- Eric Holzer, an associate in the firm's New York office, was charged in 2008 with insider trading after receiving "tips" from a broker at Lehman Brothers. He was sentenced to probation.[7][8]
- Thomas P. O'Brien, former United States Attorney for the Central District of California, joined Paul Hastings in 2009.[9]
Media references
- The Paul Hastings HQ building can be seen in the bird's eye view shown for Los Angeles in almost every episode of the TV series Alias. The LA office is also shown in the films Transformers, End of Watch, and Obsessed.
References
- ^ "Paul, Hastings, Janofsky & Walker LLP,California Law Firm Reviews Ratings Rankings Law Firm News Law Firm Salaries & Legal Gossip".
- ^ "Paul Hastings Rakes In Over $1B Revenue In Record Year - Law360". www.law360.com. Retrieved 2016-11-30.
- ^ "The A-List". The American Lawyer. 1 July 2012.
- ^ "Paul Hastings Ranked Second Most Innovative Law Firm in Financial Times U.S. Innovative Lawyers 2013 Report" (Press release). Paul Hastings. Retrieved 21 November 2013.
- ^ http://www.paulhastings.com/news/details/?id=686d3326-8aa5-6986-8b86-ff00008cffc3
- ^ Sorkin, Andrew Ross (2016-01-04). "A Growing Conflict in Wall St. Buyouts". The New York Times. ISSN 0362-4331. Retrieved 2016-11-30.
- ^ Slater, Dan. "SEC Implicates Paul Hastings Associate in Alleged Insider-Trading". WSJ. Retrieved 2016-11-30.
- ^ "Lehman Insider Tipster Turned Cooperator Dodges Prison - Law360". www.law360.com. Retrieved 2016-11-30.
- ^ Jones, Ashby. "Paul Hastings Lands O'Brien, the U.S. Attorney in Los Angeles". WSJ. Retrieved 2016-11-30.
