What the team is known for Universally singled out as a preeminent litigation firm that offers first-class expertise across civil and criminal disputes. Houses an enviable bench of formidable courtroom advocates and regulatory experts who act on market-leading litigation, drawing on strength in areas such as product liability, IP and commercial claims. Frequently retained to handle investigations conducted by bodies such as the DOJ, SEC and CFTC. Dominant securities litigation and regulatory enforcement practice that attracts leading financial institutions, alongside multinational corporates from a breadth of industries.
Strengths One source describes the team as “world-class litigators who see the big picture,” specifying as a particular strength their “good balance of pushing and challenging plaintiff's counsel to show they are formidable, without breaking relationships.”
Interviewees are impressed by the team's client service: “What stands out for me particularly is their approachability: they constantly inform you of what is going on and keep you fully advised. It's a really impressive team.”
Commentators highlight the firm's “very deep bench,” with one interviewee suggesting that “the thing about them is that they check every box. Paul, Weiss has a breadth of skill sets that is rare.”
Another source notes: “I have the highest praise for the entire team. Everything was first-rate and they are total professionals. They immersed themselves in the entire business.”
This interviewee has superlative praise for the team: “When it comes to what's really important, if you want the best and the brightest, the Paul, Weiss lawyers are the smartest, most thorough and most focused.”
Work highlights Acted for Paramount Pictures in the successful defense of charges that it had misled SPV investors by including false information in a private placement memorandum.
Defended The Bank of New York Mellon from multi-agency state and federal investigations and civil litigation, arising from allegations of mispricing in foreign exchange transactions.
Acted for Citi in several multibillion-dollar actions, including recently securing the dismissal of a $9 billion putative class action alleging that it had disguised the extent of its subprime exposure in the lead-up to the financial crisis.
Significant clients Deutsche Bank, FIFA, ADT, Citco Corporate Services, Garmin International.
Brad Karp represents some of the world's largest corporations in bet-the-company litigation, offering a market-leading record in the defense of securities class actions as well as expert regulatory enforcement capabilities. According to one source, he is "among a handful of lawyers in New York that is without peer," while others single him out as "the consummate client service lawyer."
Sources are quick to praise the "extraordinary" Michele Hirshman, with one interviewee stating: “She has one of the best judgments I have ever seen, as well as being a tireless and fierce advocate.” She frequently acts for both individuals and organizations subject to white-collar government investigations.
Roberto Finzi draws praise for his broad white-collar and regulatory practice. One source describes him as “the best litigator I have ever seen practice in a courtroom,” highlighting his “unique ability to distill the most complicated material into perfectly digestible elements for whatever audience he has.”
Jay Cohen's commercial litigation practice includes significant expertise in the representation of industry-leading media clients such as Time Warner Cable. Sources describe him as "an excellent litigator with a great personality and a very good approach to reaching resolutions."
Leslie Gordon Fagen is particularly commended for his strong courtroom practice, and is described by one client as "the most superb trial lawyer in New York City." He maintains a broad caseload of commercial disputes, including recently representing Citco Group in a contract and fraud action.
Martin Flumenbaum is recognized for his longstanding litigation practice, which sees him handle commercial claims, securities class actions and regulatory investigations for a broad client roster. His recent work includes defending Fitch Ratings against allegations that it breached Wyoming securities laws.
Theodore Wells is a “superstar” litigator who combines his first-class white-collar defense expertise with a sterling reputation for civil disputes. Sources highlight his “wisdom, experience and judgment,” as well as his ability to “command a room when he walks in.” His trial practice attracts particular praise, as one interviewee confirms: “He is one of the best trial lawyers in the country, if not the best.”
Sources suggest that Daniel Kramer is “easily one of the best in the business,” with one interviewee stating that “he is as knowledgeable substantively as any lawyer in this space; he is our go-to guy for anything securities-related.” He frequently defends against large-scale securities class actions, with recent clients including Ply Gem and iStar Financial.
The "tremendous" Richard Rosen remains a leading figure at the securities litigation Bar, whose representation of underwriters wins him particular plaudits. He is also noted for his representation of public companies and their directors in class actions. Sources commend his “strong intellect,” labeling him “a very thoughtful lawyer.”
Mark Pomerantz maintains a strong reputation as a dean of white-collar litigation. One impressed source describes him as the “best lawyer ever.” His extensive defense practice includes a notable focus on proceedings involving allegations of insider trading.