The Wall Street Journal is reporting (see here) that Mark Mendelsohn (DOJ Deputy Chief – Fraud Section responsible for overseeing FCPA prosecutions) is headed to the law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP.
According to a source, Mendelsohn “stands to earn $2.5 million annually.” The WSJ notes that this is a significant sum “particularly for a lawyer arriving at firm without a ready list of clients.”
The WSJ notes that “Mr. Mendelsohn has overseen a hot field in prosecution in recent years” and that “it has been up to the Justice Department – and specifically to Mr. Mendelsohn – to interpret the law.”
The WSJ notes that “corporations are likely to be eager for his inside views on how the Justice Department goes about deciding which cases to investigate and prosecute among the many that it comes across every year.”
According to the WSJ, Mendelsohn was courted by several other firms.