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: Law Blog - WSJ.comWells Notice: Goldman To Hire Paul Weiss Star to SEC-Suit Team
By Ashby Jones
These days, companies with legal needs are cutting costs in myriad ways: using fewer law firms, pushing more routine work to cheaper firms, keeping more work in-house.
But if you're the deep-pocketed Goldman Sachs and you're facing one of the highest-profile lawsuits you've ever been involved in, now is no time to go surfing Craig's List, searching for legal bargains.
Which brings us to the news: According to the Financial Times, Goldman is "poised" to hire a team of litigators from Paul Weiss, one which will feature heavyweight lawyer Ted Wells at the center.
Wells will be added to a team that already includes lawyers from Sullivan & Cromwell and Skadden's Greg Craig, the former White House counsel.
As the FT reports, Wells is no stranger . . .
Full post as published by Law Blog - WSJ.com on May 05, 2010 (boomark / email).
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