Paul, Weiss has made an announcement regarding the appointment of a chairman in the firm. This appointment is in line with the long-term strategy of the firm. In addition, it indicates that the firm is paying attention to leadership succession. The appointment of the chairman will enable Barshay to set the agenda for the firm. Furthermore, he will contribute to the development of client service and growth strategies. The firm is enhancing its leadership structure.
Mr. Barshay, Chairman of Paul, Weiss, said, “I step into this role with great confidence in Paul, Weiss’ continued success. Our strength lies in the talent and dedication of our people and our trusted client relationships. Clients come to Paul, Weiss because we deliver excellence. Our firm is unified in our commitment to continuing to provide the highest standards of client service.”
Mr. Karp said, “Leading Paul, Weiss for the past 18 years has been the honor of my professional life. Recent reporting has created a distraction. Has placed a focus on me that is not in the best interests of the firm.”
Barshay Brings Decades of Leadership Experience
Moreover, Barshay is a long-time partner at Paul, Weiss. He was also the global head of the Mergers & Acquisitions Group at the firm. Therefore, he has extensive experience in handling complex corporate transactions. Paul, Weiss considers the appointment of the chairman as a major step. The firm wants to leverage its strong market position. Therefore, experience in leadership is still important. Finally, Paul, Weiss thinks that the appointment will enhance governance. The firm is committed to providing quality legal services.
Mr. Barshay said, “Brad has made immense contributions to Paul, Weiss over his more than four decades with the firm. As Chairman of the firm, he transformed Paul, Weiss in an unprecedented way to the great benefit of our clients. We are grateful to him for his extraordinary dedication and service over his many years as Chairman.”
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Source: PRNewswire
