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Feb 7 (Reuters) - Brad Karp, the chairman of high-powered U.S. law firm Paul Weiss, joined other prominent Democratic fundraisers at election night gatherings in Washington in November 2024 hoping for a Kamala Harris victory over Republican rival Donald Trump.
Karp had reached out to hundreds of corporate lawyers in a fundraising push for Harris soon after she replaced incumbent Joe Biden as the Democratic presidential candidate in July 2024, and one of his Paul Weiss partners helped prepare the former U.S. vice president for her debate with Trump.
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But Trump won the election. And his return to the presidency last year set in motion a series of events that first shook Paul Weiss and later, with the U.S. Justice Department’s release of records involving the late financier and convicted sex offender Jeffrey Epstein, led Karp to resign this week as its chairman.
Though he has not been accused of wrongdoing, the disclosures of his contacts with Epstein undid in a matter of days Karp’s longstanding grip over the firm that had cemented him as a Wall Street and Washington power broker.
“If you were going to write a Greek tragedy about a law firm leader, this is it,” a former senior Paul Weiss attorney told Reuters, speaking on condition of anonymity.
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Brad Karp attends 2024 Paley Honors at Cipriani 42nd Street on June 13, 2
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