Paul Weiss Conceals Partner Pay Inside ‘Black Box,’ as Company Spend for Leading Laterals

In the middle of aggressive efforts in lateral partner hiring, leaders at Paul, Weiss, Rifkind, Wharton & & Fort have actually chosen to unknown payment amongst the company’s partners, according to individuals with understanding of the company.

The adoption of a nontransparent pay system comes as leaders at Paul Weiss look for to decrease stress amongst partners as the company broadens the spread of payment with big financial investments in recruiting and keeping rainmakers from rivals, individuals stated. In 2023, Paul Weiss hired a trio of Kirkland & & Ellis deals partners thought to have actually scored $20 million in yearly pay

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