John W. Weiss Quoted in The American Lawyer Regarding His Decision to Leave Am Law 100 Firm for Pashman Stein Walder Hayden P.C.
John Weiss, Partner and Chair of the Bankruptcy, Restructuring & Creditors’ Rights practice group at Pashman Stein Walder Hayden, was quoted in the Mid-Market Musings column of The American Lawyer, “In the Great Reevaluation, Firms and Lawyers Are Reconsidering Their Situations.” The article discusses how the pandemic has brought the importance of planning, and reevaluating one’s plans, to the forefront.
In the legal industry, these opportunities to try something different or to try a new environment abound.
One recent example: bankruptcy lawyer John Weiss' decision to leave Am Law 100 firm Alston & Bird for midsize firm Pashman Stein Walder Hayden, where he'll be tasked with building a practice more or less from scratch—but where he also can, in his words, pursue "a real opportunity for a different product offering than what Big Law offers."
For Weiss, "at this stage of my career, it just became a very exciting idea to do something completely different."
The article further examines the reasons lawyers are making moves.
For many, the time is right. We spend a lot of time talking about the compensation war, but many things beyond money fuel mobility. We talk a lot about flexibility, but there’s more to this reevaluation than any individual lawyer’s quest for the ideal working environment. Like Weiss and Katz, lawyers have pointed to as many—maybe more—professional reasons for the moves they are making…
Attorneys looking for influence—such as practice leadership positions, or simply access to firm executives or committees—might feel penned in at your firm. Lawyers such as Weiss go to such firms as Pashman Stein because they are seeking more control over their own rates….
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