End of an Era: Brad Karp Steps Down as Chair at Paul Weiss (2008 -2026), Returns to Lawyering
Some of us who follow the legal sector remember this anecdote: When partner at elite law firm Paul, Weiss Brad Karp was voted in as chair in 2008, he and his mother cried together. Although his mother had operated a law firm with her late husband this kind of success in the practice of law was probably never envisioned. Immediately Karp rolled up his sleeves - and disrupted. That included expanding the firm from Wall Street litigation to broad-scope transactional. He was so confident in his growth vision that he didn't, as did many other law firms in The Great Recession, lay off first-year associates. More recently he transformed the London office into a powerhouse by multiple talent raids on global Goliath Kirkland & Ellis. From 2008 until 2024 during his leadership Profits Per Equity Partner increased 183%. Today the era of his leadership ends. As this press release from Paul, Weiss announces, Karp is stepping down from being the chair. Scott Barshay, who had headed ...