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- Brad Karp stepped down as chairman of Huge Regulation agency Paul Weiss on Wednesday amid scrutiny over Epstein ties.
- Scott Barshay was named the brand new chairman of the worldwide agency, which has greater than 1,000 attorneys.
- Karp is among the many elite names to look in 3 million paperwork launched by the Justice Division final week.
Brad Karp stepped down as chairman of Huge Regulation agency Paul Weiss on Wednesday amid scrutiny over his ties to the late intercourse offender Jeffrey Epstein.
Scott Barshay was named the brand new chairman of the worldwide agency, which has greater than 1,000 attorneys, “efficient instantly,” the agency mentioned in a information launch.
“Main Paul, Weiss for the previous 18 years has been the respect of my skilled life,” Karp was quoted as saying within the launch. “Latest reporting has created a distraction and has positioned a deal with me that isn’t in one of the best pursuits of the agency.”
The shakeup comes two days after Paul Weiss mentioned in a press release, as reported by The New York Occasions, that Karp “attended two group dinners in New York Metropolis” with Epstein and “had a small variety of social interactions by e-mail, all of which he regrets.”
Karp is among the many elite names to look in 3 million paperwork launched by the Justice Division final week from its investigation into Epstein, who killed himself in jail in 2019 whereas awaiting trial on sex-trafficking expenses.
He has been at Paul Weiss for 4 many years and has been chair of the agency since 2008. “Mr. Karp will proceed to focus his full-time consideration to shopper service on the agency,” the discharge mentioned.
This can be a growing story. Test again for updates.
