Paul Weiss, Rifkind, Wharton & Garrison is adding private equity specialist Sarah Stasny from Kirkland & Ellis as a partner in its corporate department in New York.
Stasny’s practice has centered on advising private equity sponsors and portfolio companies in connection with their acquisitions and investments, divestitures, joint ventures, financings, restructurings and other corporate matters.
She has been a partner at Kirkland since May 2016, and prior to that was a partner and an associate at Weil, Gotshal & Manges for more than 11 years.
Her clients have included Altas Partners, American Securities, Avista Capital Partners, EQT Infrastructure, Trilantic North America and Two Sigma. Stasny has also advised some pension funds on their major investments. Those funds include Caisse de dépôt et placement du Québec, OMERS Private Equity and Ontario Teachers’ Pension Plan.
“Sarah is an exceptional and dynamic deal lawyer, with a stellar reputation and following among the world’s most sophisticated private equity firms,” said Brad S. Karp, the chairman of Paul Weiss.
Robert B. Schumer, chair of the firm’s corporate department, said Stasny shared the firm’s “dedication to technical rigor and excellent client service.”
“Sarah’s impressive deal track record, combined with her talent for helping clients navigate high-stakes situations, has positioned her as a trusted advisor to some of the world’s most successful organizations,” Schumer said.
Stasny, a graduate of the University of Texas at Austin School of Law, has led many acquisitions, dispositions, consortium arrangements and substantial minority investments in her career, Paul Weiss said in announcing her recruitment.
Stasny’s hire bolsters the number of women partners at Paul Weiss. The firm was roundly criticized late last year when a photo of its newest elected partners showed largely white and male lawyers. Karp said at the time that it was the result of an “idiosyncratic demographic pool” and assured it would not be repeated.
Paul Weiss said that women represent 24 percent of the firm’s partnership. All are equity partners, the firm noted. That compares to the national average of 23.36 percent women equity partners based on the National Association for Law Placement 2018 report called Diversity in U.S. Law Firms released earlier this year.
(Adds in tenth paragraph figures showing the percentage of female partners at Paul Weiss)
To contact the reporter on this story: Elizabeth Olson in Washington at email@example.com