Elite New York firm Wachtell Lipton Rosen & Katz has made a rare lateral hire, taking on Paul Weiss Rifkind Wharton & Garrison employment partner Michael Segal, according to US press reports yesterday (19 April).

Segal previously co-chaired Paul Weiss’ employee benefits and executive compensation group. His practice focuses on advising executives and employers on senior-level remuneration matters.