Paul Hastings LLP at a Glance

Uppers

  • “Work-life balance”
  • “Laid back atmosphere”
  • “The management is transparent”

Downers

  • “The hours can be long”
  • “Too cost-sensitive”
  • “Partnership track and exit opportunities”

The Buzz

  • “Friendly”
  • “Outstanding LatAm”
  • “Weird”
  • “So LA”

About Paul Hastings LLP

Over the last few decades, Paul Hastings has grown from a mid-market U.S. firm to an international outfit with strengths in employment, tax, and business law and big name clients in more than 80 countries. With offices in Beijing, Hong Kong, Seoul, Shanghai, and Tokyo, the firm has become especially strong in Asian market dealings.

A Legacy of Leadership

In 1951, Harvard law grads Bob Hastings, Lee Pau,l and Leonard Janofsky pooled their ambition to form a new firm in Los Angeles. They divided the workload three ways: Janofsky handled employment law matters, Paul dealt with litigation, and Hastings managed business law. In 1962, Charles Walker joined the trio as a partner, adding his name to the masthead and establishing a tax practice. Walker took a brief sojourn from the firm in the 1970s to accept a position in the Ford administration as Assistant Secretary of the Treasury for Tax Policy but soon returned to his tax work at the firm.

Only One Way to Grow

In 1974 the firm opened a second office in Orange County; locations in Atlanta, Washington DC, New York, and Connecticut followed. During the 1980s, Paul Hastings ventured into the world of venture capital transactions, working from offices in Los Angeles, Costa Mesa, and Santa Monica. The firm grew over the next few decades organically, rather than merging or acquiring other firms.

Also in the 1970s, the firm expanded into cross-border work, helping Japanese clients set up U.S. operations. The firm made its first official overseas debut in Tokyo in 1988-thanks to the efforts of partner Kaoruhiko Suzuki-and then landed in London in 1997. The firm also looked to the east coast, bulking up its New York office and developing strengths in the fields of software litigation, intellectual property, and entertainment.

For All Your Employment Needs

In the 1990s, Paul Hastings reorganized its practice around five core specialties: real estate, business, employment, litigation, and tax. Of these, employment was considered the firm's greatest strength. Paul Hastings' expertise in this field dated back to the firm's beginnings and the reputation developed by founding partner Leonard Janofsky, who was the first employment lawyer to serve as president of the American Bar Association.

In the 2000s, Paul Hastings merged and reorganized to continue its growth overseas. It combined with Chinese firm Koo and Partners in 2002, gaining offices in Hong Kong and Beijing, and then opened another location in Shanghai the following year. After building a presence in Paris, Brussels, and Milan, the firm set its sights on Frankfurt through a merger with local firm Smeets Haas Wolff. In the 2010s, Paul Hastings continued to expand its platform to meet clients' evolving needs, opening new offices in Houston and Seoul.

Adapting to the Times

Over the years, the firm has represented Hitachi, JP Morgan, Barclays Capital, Mitsubishi, Wells Fargo Capital Finance, Delta Power, Morgan Stanley, and Six Flags. The firm's client list spans more than a dozen industries, including aircraft finance and leasing, energy, development and construction, health care, franchise and distribution, government affairs, hotels and resorts, investment management, real estate, life sciences, IT and eCommerce, OSHA, sports, telecommunications and media, and securities finance and capital markets. To keep up with client demands during the global financial crisis, Paul Hastings also established a subprime mortgage and credit crisis practice area, focusing on bankruptcy and restructuring, regulatory matters, litigation and investigations, and government advisory services.

Paul Hastings has won numerous awards for its litigation, corporate law, employment, and M&A practices. In 2013, the Financial Times ranked the firm 2nd in its "Innovative Lawyers Special Report" for the U.S. and The American Lawyer ranked the firm 2nd on its A-list. The firm was also named by Law360 as a Pro Bono Firm of the Year.

IN THE NEWS

April 2016
Brocade Fire

Paul hastings is advising Brocade Communications Systems, a leading global networking solutions company, on its acquisition of Ruckus Wireless. The cash and stock transaction values Ruckus at approximately US$1.5B and may fluctuate until close. The combination of Brocade and Ruckus is expected to create a pure-play networking company that has market-leading solutions spanning from the most critical part of the data center to the wireless network edge.

January 2016
The Orient Distressed

Paul Hastings represented China Orient Summit Capital, an offshore investment management platform, and global investment firm KKR in their co-investment in credit and distressed opportunities in the Chinese market. Firm lawyers advised on setting up the joint venture and the investment platform, as well as on the subsequent investments. China Orient is one of only four licensed national asset management companies and wholesalers of non-performing loans in China.

September 2015
Eti-Had to Secure a Debt Package

Paul Hastings lawyers helped Etihad Airways structure an innovative financing platform set up to fund its equity alliance partners' airline, cargo, and airport service businesses using a single, rated, secured note issuance valued at US$700M. The platform structure provides long-term funding on standardized terms for Etihad and its airline partners through a bespoke package of debt instruments. The firm successfully completed this complex transaction in just nine months under challenging marketing conditions.

Hollywood in China

Paul hastings advised China Media Capital (CMC) on the formation of a joint venture with Warner Bros. to launch a new movie studio, which will develop and produce Chinese-language films for distribution around the world. Firm lawyers also advised CMC on its agreement with Merlin Entertainments to establish a Legoland amusement park in Shanghai, and represented CMC in the sale of its shares in the Hong Kong IPO of IMAX China Holding. Paul Hastings previously advised CMC on establishing Oriental DreamWorks, its partnership with DreamWorks Animation, and its agreement with DreamWorks and the Xuhui district government to develop Dream Center, a US$3.14B cultural destination in Shanghai.

August 2015
Billones de Pesos

The firm represented GE Capital as lender and agent in an approximately US$3B seller financing loan facility, one of the largest real estate financings ever in Latin America, as part of the sale of GE Capital. Paul Hastings created an innovative hybrid securitization/dual-currency seller financing model, enabling its client to finance the purchase by affiliates of Blackstone Real Estate Debt Strategies Fund of GE's commercial real estate mortgage loan portfolio in Mexico. The financing involved three separate credit facilities, each secured by a Mexican collateral trust: one in U.S. dollars, one in Mexican pesos, and one dual-currency agreement.

Big Win for Big Pharma

Paul Hastings guided Acorda Therapeutics to a first-of-its-kind decision, convincing the Patent Trial and Appeal Board (PTAB) to deny several requests for inter partes review (IPR) filed by organizations with close ties to hedge fund manager Kyle Bass. Mr. Bass has challenged the pharma patents of several drug companies through the IPR process while shorting the manufacturer's stock-a way of betting that shares will decline. Acorda was the first company Mr. Bass challenged before the PTAB. He was unsuccessful thanks to our team, which convinced the PTAB to deny all of his IPR petitions challenging Acorda's patents.

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Paul Hastings LLP

200 Park Avenue
New York, NY 10166
Phone: (212) 318-6000

Stats

  • Employer Type: Private
  • Chair of Firm: Seth S. Zachary
  • Managing Partners: Greg M. Nitzkowski & Stephen H. Harris
  • Total No. Attorneys 2016: 1,006

  • Employment Contact
    Cindy Hasson
    Director of Talent Acquisition
    (212) 318-6000
    attorneyrecruiting@paulhastings.com 

    Recruiting contact information for all locations at www.paulhastings.com/careerslist


  • Base Salary
    All domestic offices except Atlanta
    1st year: $180,000
    2nd year: $190,000
    3rd year: $210,000
    4th year: $235,000
    6th year: $280,000
    7th year: $300,000
    8th year: $315,000
    Summer associate: $3,100/week

  • Summer Associate Offers
    64 out of 64 (2Ls) (2015)

  • Major Departments & Practices
    Banking & Finance
    Bankruptcy & Restructuring
    Capital Markets
    Corporate
    Intellectual Property
    Investment Management
    Labor & Employment
    Litigation & Dispute Resolution
    Mergers and Acquisitions
    Project Finance
    Real Estate
    Regulatory Compliance
    Securities Litigation
    Tax Advisory Services

Major Office Locations

  • Atlanta, GA
  • Chicago, IL
  • Houston, TX
  • Los Angeles, CA
  • New York, NY
  • Orange County, CA
  • Palo Alto, CA
  • San Diego, CA
  • San Francisco, CA
  • Washington, DC
  • Brussels
  • Frankfurt
  • London
  • Paris
  • Milan
  • Beijing
  • Hong Kong
  • Sao Paulo
  • Seoul
  • Shanghai
  • Tokyo
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