Friday, July 30

Paul Weiss

Apollo Global Management, Finance, Law, Legal, Paul Weiss, Subscriber Collection, Teaser

Apollo turned to law firm Paul Weiss over and over again. The lucrative client stoked tensions at the law firm and opened it up to criticism about the close relationship, insiders say.

Over the past decade, private equity giant Apollo has boosted the coffers of law firm Paul Weiss. But the cozy relationship has come at a cost, insiders say. Insider spoke with dozens of experts to find out how the relationship has changed the law firm. See more stories on Insider's business page. Private-equity giant Apollo Global Management has boosted the fortunes of law firm Paul Weiss to the tune of $100 million in annual billings and lifted its dealmaking profile, leading to nearly 100 mergers and acquisitions in which Paul Weiss advised Apollo and its affiliates, according to Dealogic.But there has also been a cost to the co...