Practice Highlights

WELCOME to Evolution: a review of our firm’s significant accomplishments during 2007.

The evolution of Paul, Weiss over the years has been guided by a tenacious dedication to the interests of our clients. All of our passion and creativity are placed at their disposal. We flourish when our clients thrive.

2007 continued this tradition. We spent the past year guiding our clients through the type of change that demands the most from us. The subprime lending crisis, tightening credit markets, the changing transactional landscape, major class actions and regulatory investigations were only some of the challenges posed during 2007.

We helped our clients respond to this turmoil by crafting novel solutions — innovative litigation strategies, unique asset securitizations and cutting-edge international transactions.

As a testament to our long-term dedication to our clients and their goals, included in these pages is a special overview of our recent work in the financial services sector. Acting as advisors to the most prominent banks, insurance companies and investment houses in the world, Paul, Weiss continues to be the firm they trust with their most important disputes and transactional matters.

We hope you’ll enjoy reading Evolution and its review of the path we traced in 2007. We look forward to helping our clients navigate the challenges of 2008.

Sincerely,

Alfred D. Youngwood

Chair of the Firm