Paul Hastings LLP at a Glance

Uppers

  • “Supportive environment”
  • “Reasonable hours target”
  • “Quality of work given to young associates”

Downers

  • “Technology needs improvement”
  • “Cost-cutting mentality”
  • “Prolonged partnership track”

The Buzz

  • “Good culture”
  • “Growing”
  • “Real estate”
  • “Satellite offices”

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 Paul 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 law, business law, employment law, litigation and tax law. Of these, employment law 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 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.

To help keep clients informed, the firm has several blogs (Caveat Vendor, focusing on consumer issues, an ERISA and Global Benefits Blog, and The Enforcer Blog, which focuses on domestic business litigation), as well as mobile apps (a Failure-to-Market Forfeiture app, for Hatch-Waxman Act information, and an Oil and Gas app, for a variety of reference needs related to those industries).   

Paul Hastings has won numerous awards for its litigation, corporate law, employment law and M&A practices. In 2013, the Financial Times ranked the firm 2nd in its "Innovative Lawyers Special Report" for the U.S. and Law360 named it a Pro Bono Firm of the Year. Paul Hastings ranked 2nd on The American Lawyer A-list in 2013, and in 2014, the firm ranked 1st on the A-list in addition to receiving an Associate Satisfaction Score of 200. 

IN THE NEWS

April 2015

Dealmakers of the Year
New York M&A chair David Shine and Latin America practice chair Michael Fitzgerald were recognized by The American Lawyer as Dealmakers of the Year for 2015. David Shine was recognized in the Complex M&A category for advising Merck & Co on its US$14.2B sale of its consumer care business. Michael Fitzgerald was recognized in the U.S. Exports or "Duty Free" category for helping to create a Mexican version of a U.S. mortgage real estate investment trust for Fideicomiso Hipotecario.

March 2015

Who's a Good Dog?
Paul Hastings advised the banks providing debt financing for the US$8.7B acquisition of PetSmart, Inc., North America's leading pet services retailer, by an investor consortium led by BC Partners. This deal marked the largest leveraged buyout in 2014. Citigroup Global Markets Inc., Barclays Bank PLC, Deutsche Bank Securities Inc., Nomura Securities International, Inc., Jefferies Finance LLC, RBC Capital Markets and Macquarie Capital (USA) Inc. acted as joint lead arrangers and Citibank, N.A. served as administrative agent on a US$4.3B senior secured term loan and a US$750M senior secured ABL facility. We also represented Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Nomura Securities International, Inc., Jefferies LLC, RBC Capital Markets, LLC, Natixis Securities Americas LLC and Macquarie Capital (USA) Inc. as initial purchasers in the US$1.9B senior notes offering by Argos Merger Sub Inc., which was merged into PetSmart at closing.

December 2014

Protecting Patents
Paul Hastings lawyers won a complete victory for Supernus Pharmaceuticals and Galderma Laboratories in the first-ever successful defense of a pharmaceutical patent in an inter partes review. In the IPR proceeding, generic drug company Amneal Pharmaceuticals petitioned the patent office to invalidate three key patents held by Supernus for the blockbuster rosacea drug Oracea, claiming each was unpatentable because they were obvious variations of earlier research. The PTAB determined all three patents were valid, agreeing with the firm's argument that Supernus' claims were indeed patentable. The decision effectively protects the patents for Oracea against generic incursion through 2027, when the patents expire.

A Global Reach
The firm advised Morgan Stanley as the sole placing agent, global coordinator and bookrunner on Ping An Insurance Group Company of China, Ltd.'s US$4.75B private placement of new H-shares. The transaction is the largest H-share placement ever and one of the largest primary follow-on offerings in Asia Pacific (excluding Japan) over the past 10 years.

November 2014

The REIT Stuff
Paul Hastings represented Fideicomiso Hipotecario in its IPO. FHipo is the first Mexican mortgage REIT and raised over US$633M in its IPO. The groundbreaking offering also had one of the largest number of international purchasers in an IPO in Latin America. This first of a kind transaction also represented the first mortgage REIT ever sold internationally in Latin America. Paul Hastings' work on this mortgage FIBRA, a first-of-its-kind product, will mark that next major step in the development of the REIT-like asset class in the emerging markets.

October 2014

It's a Big Deal
Paul Hastings represented Morgan Stanley & Co. LLC, Barclays Capital Inc., Credit Suisse Securities (USA) LLC, RBC Capital Markets, LLC and UBS Securities LLC as representatives of the initial purchasers in Dynegy, Inc.'s US$5.1B notes offering. This was the largest high-yield deal in the U.S. in 2014, the 10th largest high-yield deal on record and the largest U.S. dollar-only financing completed last year.

 

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Paul Hastings LLP

Park Avenue Tower
75 East 55th Street, First Floor
New York, NY 10022
Phone: (212) 318-6000
Fax: (212) 319-4090
www.paulhastings.com

Stats

  • Employer Type: Private
  • Chairs of Firm: Seth S. Zachary
  • Managing Partner: Greg M. Nitzkowski
  • Hiring Partner: Leigh P. Ryan
  • Total No. Attorneys 2015: 1,000

  • Employment Contact
    Cindy Hasson
    Director of Talent Acquisition
    Phone: (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: $160,000
    2nd year: $170,000
    3rd year: $185,000
    4th year: $210,000
    5th year: $230,000
    6th year: $250,000
    7th year: $265,000
    8th year: $280,000
    Summer associate: $3,070/week

  • Summer Associate Offers
    61 out of 63 (2014)

  • Major Departments & Practices
    Advertising and Promotions
    Affordable Housing and Tax Credits
    Anticorruption and FCPA
    Antitrust and Competition
    Appellate Litigation
    Asia
    Asset Securitization and Structured Finance
    Bank Consumer Class Actions
    Bank Regulatory
    Bankruptcy Litigation
    Class Actions
    Commercial Leasing and Sales Leaseback
    Complex Litigation and Arbitration
    Corporate
    Data Centers
    Employee Mobility and Trade Secrets
    Employment Counseling and Preventive Advice
    Employment Law
    Employment Litigation
    Energy
    Environmental Law
    Europe
    Finance
    Financial Services
    Gaming and Gambling
    Global Banking and Payment Systems
    Global Compensation, Benefits and ERISA
    Global Trade Controls
    Government Affairs
    Government Contracts Litigation
    Healthcare
    Hotels and Resorts
    Intellectual Property
    International Arbitration
    International Employment Law
    Investigations and White Collar Defense
    Investment Management
    IP Transactions and Licensing
    Labor/Management Relations
    Land Use
    Latin America
    Leveraged Finance
    Life Sciences
    Litigation
    Mass Tort, Toxic Tort, and Environmental Litigation
    Master Limited Partnerships (MLPs)
    Mergers and Acquisitions
    Oil and Gas
    Patent Litigation
    Payment Systems
    Political Risk and International Trade Credit Insurance
    Privacy and Data Security
    Private Equity
    Private Investment Funds
    Project Development and Finance
    Radiation Injury and Nuclear Power Litigation
    Real Estate
    Real Estate Acquisitions and Dispositions
    Real Estate Capital Markets
    Real Estate Development and Construction
    Real Estate Equity Investments and Joint Ventures
    Real Estate Finance
    Real Estate Litigation
    Real Estate Restructuring and Reorganization
    Restructuring
    Securities and Capital Markets
    Securities Enforcement
    Securities Litigation
    Sustainability and Global Climate Change
    Tax Advisory
    Tax Litigation and Controversy
    Technology
    Telecommunications and Media
    Trademark
    United States
    White Collar Defense

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
  • Seoul
  • Shanghai
  • Tokyo
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