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Ed. note: Welcome to our daily feature, Quote of the Day.
We want to be thoughtful and disciplined and not over-react to short-term demand cycles.
— Brad Karp, chair of Paul Weiss, in comments given to Jenna Greene of Reuters, on the firm’s strategic growth over the past three years, during a time when other firms significantly reduced their associate hiring. As noted by Greene, Paul Weiss has added lateral associates at a steady clip, gradually increasing each year: 62 in 2021, 73 in 2022, and 113 in 2023.
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on X/Twitter and Threads or connect with her on LinkedIn.
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