2021 Vault Rankings
- Firm Culture#11
- Pro Bono#16
- New York#24
At a Glance
“The partners are brilliant and caring.”
“Friendly and happy firm culture.”
“Good work-life balance for a BigLaw firm.”
“Bonus paid after calendar year.”
“The office space.”
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.
It Started with Three
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.
The firm grew over the next few decades organically—rather than merging or acquiring other firms—including overseas in Asia and the U.K.
Doing It All
Paul Hastings has long been synonymous with employment law. The firm regularly appears among the top 10 firms in Vault’s Labor & Employment ranking and is the only firm to have been named twice as The American Lawyer’s Labor and Employment Litigation Law Firm of the Year. Among the firm’s specialties include employee benefits and ERISA, employment discrimination, international employment issues, labor management, and restrictive covenants.
Another of the firm’s notable practices is real estate. The firm takes a cross-disciplinary approach to real estate work through which lawyers in the practice area work together with the firm’s corporate, securitization and structured finance, and tax teams to assist with all aspects of a real estate transaction. The firm is in the top 10 in Vault’s Real Estate ranking.
Of course, Paul Hastings’ expertise extends far beyond these two practice areas. The firm has a bustling transactional practice with more than 450 lawyers across the globe counseling on M&A, private equity, venture capital, and much more. 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.
Many firms give back through pro bono work, but Paul Hastings takes it a step further with its generous charitable giving. In the past year alone, the firm has donated to more than 140 charitable organizations. And the firm matches up to $1,000 in charitable donations per each employee every year.
During these unprecedented times, the health and safety of our people remains our top priority at Paul Hastings. Our collective commitment to each other and our clients has shone through as we navigate these unparalleled challenges. We continue to recruit top talent and our summer associate program remains a cornerstone of these recruiting efforts. We are fortunate to have the technology and flexibility to move our onboarding procedures and recruiting events to a virtual setting. All of our Paul Hastings colleagues have access to a newly created COVID-19 relief fund to assist those experiencing financial hardships resulting from the global pandemic. In addition to the relief fund, our employees have access to employee assistance programs, firm-wide mental health webinars, and other resources.
News & Awards
Paul Hastings advised J.P. Morgan, Goldman Sachs, Barclays, BNP PARIBAS, Citigroup, Crédit Agricole CIB, Credit Suisse, Deutsche Bank, Morgan Stanley, RBC Capital Markets, Scotiabank, TD Securities, and Wells Fargo in connection with the issuance of $1.1 billion Senior Guaranteed Notes due 2030 and $625.0 million Senior Notes due 2030 by CSC Holdings, LLC, a subsidiary of Altice USA, one of the largest broadband communications and video services providers in the United States, listed on the New York Stock Exchange.
Paul Hastings advised Braskem on the conclusion of its December 2016 FCPA settlement with the U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC). In 2016, Braskem’s $957 million joint U.S. DOJ, U.S. SEC, Swiss, and Brazilian resolutions amounted to the third-largest case in FCPA history at the time. Combined with the simultaneous settlement between these authorities and Odebrecht (≈USD$3.5 billion), the FCPA settlement was one of the largest corruption resolutions in history. Since the 2016 settlement, Paul Hastings has continued advising Braskem on its anti-corruption monitorship that has concluded with certification from the DOJ and SEC.
Paul Hastings advised Shanghai Fosun Pharmaceutical (Group) Co., Ltd., one of the leading Chinese health care groups, in forming a strategic alliance with Biopharmaceutical New Technologies of Germany to develop and commercialize a vaccine that prevents COVID-19 infections.
Paul Hastings advised Saba Software, a portfolio company of Vector Capital, with respect to Cornerstone OnDemand Inc’s agreement to acquire Saba for US$1.395 billion. Saba is a global leader in talent experience solutions with more than 20 years of industry experience developing; delivering; and supporting learning, performance, and recruiting product solutions.
- Handling the largest-ever anti-corruption and bribery settlements.
- Helping global technology leaders enter new markets.
- Guiding companies through data breach response and regulatory/litigation defense.
- Leading our industry in successfully defending patents in new forums.
- A top-ranked firm on The American Lawyer’s A-List of the Most Successful Law Firms in the U.S., 2020 (nine years in a row)
- Top 10 on The American Lawyer Summer Associate Satisfaction Survey, 2019
- A top-ranked firm in the Financial Times’ Innovative Lawyers Report across Asia, Europe, and North America
- Top 10 “Overall Best Law Firm to Work For,” 2021 (nine years in a row)—Vault
- Top 5 for Best Overall Diversity, 2021—Vault
200 Park Avenue
New York, NY 10166
Phone: (212) 318-6000
Chair of Firm: Seth S. Zachary
Managing Partners: Greg M. Nitzkowski & Ronan O’Sullivan
Total No. Attorneys 2020:
1K - 1.5K
No. of Partners Named 2020:
1st year: $190,000
2nd year: $200,000
3rd year: $220,000
4th year: $255,000
5th year: $280,000
6th year: $305,000
7th year: $325,000
8th year: $340,000
Summer Associate: $3,653/week
Managing Director, Talent Acquisition & Enrichment
No. of U.S. Offices: 11
No. of International Offices: 10
Century City, CA
Los Angeles, CA
New York, NY
Orange County, CA
Palo Alto, CA
San Diego, CA
San Francisco, CA
Banking and Finance
Bankruptcy and Restructuring
Labor and Employment
Litigation and Dispute Resolution
Mergers and Acquisitions
Tax Advisory Services
*See firm website for complete list of practice areas and industries.