Annual Review

Clients, Colleagues, Friends:

How can you describe the past year?

It was a year of dislocation, as the financial services industry dealt with the disappearance of several prominent institutions and the weakening of many others. It was a year of reinvention, as the government struggled to respond to the economic crisis with unprecedented rescue efforts and innovative regulatory initiatives. It was a year of recovery, as the transactional marketplace began to experience, in fits and starts, significant new activity. Finally, this year saw the beginning of a new wave of litigation and regulatory activity arising out of the worst financial crisis in decades.

Our firm has always been proud of the broad range of clients we represent, from Fortune 500 companies to cutting-edge entrepreneurs; from prominent corporate executives to victims of human trafficking. In this most unpredictable of years, our diverse clientele turned to us to solve their most significant and intractable legal problems — challenges that previously would have been unimaginable. Through it all, we helped our clients survive. And thrive.

We wouldn't have it any other way.

Many thanks and our very best to you in 2010,

Brad S. Karp, Chair, and the Partners of Paul, Weiss