in the ALM American Lawyer,
January 2014 issue,
we see that our alma mater law firm
Paul, Weiss, Rifkind, Wharton & Garrison
-- headquartered in New York City and with offices around the world --
(known as "Paul Weiss" in the trade)
has been selected
Securities Litigation Department of the Year 2014
in the USA.
In an article well worth reading for those interested in the top law firms in the world, Chen writes:
"Paul, Weiss, Rifkind, Wharton & Garrison's securities litigation practice is big, powerful and swaggering. It's also seemingly ubiquitous, popping up in some of the most high profile, high-stakes securities litigations in recent history.Chen's article is here.
Indeed, its representation of mega financial institutions caught in the maelstrom of the economic meltdown is quite exceptional. What also sets it apart is its willingness to go to trial at the 11th hour — which it deploys as leverage in negotiating settlements. We picked Paul Weiss as securities litigation department of the year because no other firm matched the number and magnitude of headline-making securities litigation during our competition time frame (August 1, 2011, to July 31, 2013)."