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In a Rare Move, Wachtell Brings On a Lateral
Wachtell, Lipton, Rosen & Katz is taking a step toward making its executive compensation and benefits practice whole again. After losing two partners in recent months, the firm has quietly hired Michael Segal, the former co-head of executive compensation and benefits at Paul, Weiss, Rifkind, Wharton & Garrison, who will start on Monday. The move is an unusual one for Wachtell, which has rarely sought out lateral partners. In the firm's 42-year history, just two other partners have lateraled into the firm.