In the wake of the Great Recession, the litigation department at Paul, Weiss, Rifkind, Wharton & Garrison became a tried-and-true destination for anyone on Wall Street with work tied to the financial collapse. For years, the firm could rely on the long tail of the crisis to provide steady business, and for years it prospered by doing so.

But as that work has waned in recent years, chair Brad Karp says, Paul Weiss had to transition to a new set of high-stakes, high-profile cases to keep its lawyers busy. The firm hasn’t missed a beat.

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