Paul, Hastings, Janofsky & Walker
Paul, Hastings, Janofsky & Walker LLP,
| Paul, Hastings, Janofsky & Walker LLP | |
 | |
| Headquarters |  Los Angeles |
|---|---|
| No. of Offices | 18 |
| No. of Attorneys | 1,100+ |
| 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 |
known more commonly as Paul Hastings, is a leading international law firm with over 1,100 attorneys and 18 offices worldwide.[1] Paul Hastings serves a diverse client base that includes many of the top financial institutions andFortune 500 companies.[2]
History
Paul Hastings' first office was founded in Los Angeles in 1951 by Lee Paul, Robert Hastings, and Leonard Janofsky, three post-World War II attorneys. 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 U.S. 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. Today, Paul Hastings has one of the largest presences in Asia of any U.S. law firm, with offices in Hong Kong, Beijing and Shanghai in addition to Tokyo.[3]
[edit]Rankings
Paul Hastings is one of only two major U.S. law firms formed after World War II to have risen to the Top 25 in the United States.[3]
Paul Hastings ranked 32nd in the 2009 Vault Prestige List, a survey that ranks major law firms according to perceived prestige among associates. Further, in 2007, AmLaw 100, theAmerican Lawyer's annual list of the top-grossing law firms, ranked Paul Hastings 15th nationally, and 20th worldwide. In 2007, the NLJ 250 survey of the National Law Journalranked Paul Hastings 19th among the largest American law firms. Chambers and Partnersgave the firm high marks in the following practice areas: Corporate, Litigation, M&A, Private Equity, Antitrust, Capital Markets, Employee Benefits, Real Estate, and Income Tax. According to Building a Better Legal Profession, a national movement that seeks market-based workplace reforms in large private law firms, the New York office of Paul Hastings ranks 38th among New York law firms as to hours of yearly pro bono work.
[edit]Offices
Atlanta
Beijing
Brussels- Chicago
Frankfurt
Hong Kong
London- Los Angeles
Milan- New York
- Costa Mesa
- Palo Alto
Paris- San Diego
- San Francisco
- Shangai
Tokyo- Washington, D.C.
[edit]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 movie Transformers and the film, Obsessed.
- Legal publications reported in December 2008 that an associate in the New York office of Paul Hastings was charged with involvement in a $4.8 million insider trading scheme along with two day traders and one representative of the now defunct securities firm Lehman Brothers. The associate has been suspended from the firm and Paul Hastings has pledged to cooperate with the U.S. Securities and Exchange Commission (SEC).
- With regard to the current economic crisis (2009), legal publications have also reported that, while other law firms have frozen associates' base compensation at 2008 levels as economic conditions continue to deteriorate, Paul Hastings is still raising pay in lockstep by associate class.[4]
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