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May 9, 2008 11:34 AM

Brad Karp Elected Paul Weiss Chairman

Posted by Andrew Longstreth

It's been no big secret that Brad Karp was going to become chairman of Paul, Weiss, Rifkind, Wharton & Garrison. But now, as the New York Law Journal reports reports, it has become official. Karp will succeed Alfred Youngwood, who will retire at the end of the year.

Karp is a Paul Weiss lifer, starting there in the early 1980s, where he got to work with the firm's legendary partner Arthur Liman. He has since become cochair of the firm's powerful litigation department. And over the last several years, he's developed enormous respect within the firm as a major rainmaker without the ego that typically accompanies such success. His low-key personality has also won over many in the plaintiffs bar who have had to negotiate settlements with his major client Citigroup.

Extra fun fact: Karp is a good golfer. And he should be. He grew up on a golf course and played at Union College.

Another extra fun fact: Karp's wife, Roberta, is an SVP of corporate and legal affairs at Liz Claiborne, Inc.

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