Brad Karp Elected Next Chairman of Paul Weiss

May 10, 2008 New York-based Paul, Weiss, Rifkind, Wharton & Garrison LLP announced that Brad S. Karp, age 48, has been elected as the new Chair of the firm, effective January 1, 2009. He will succeed Alfred D. Youngwood, who has been the Chair of Paul, Weiss since 1999. Mr. Youngwood will retire on December 31, 2008, after 44 years as a lawyer in the firm's pre-eminent tax practice, and become Of Counsel to the firm.

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