After losing two executive compensation and benefits partners in recent months, Wachtell, Lipton, Rosen & Katz has made a move to revive that practice group. The firm that has only made two other lateral hires in its 42-year history has hired Michael Segal, the former co-head of executive compensation and benefits at Paul, Weiss, Rifkind, Wharton & Garrison. Wachtell has been quiet about the lateral hire; apart from confirming Segal’s start date (April 23) and that the hiring was a rare event, the firm has not provided any more details. Segal will join Jeannemarie O’Brien, the only remaining executive compensation partner.
Source: www.law.com