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Mayer Brown, a leading global law firm, announced today that Paul W. Theiss has been elected Chairman of the firm, effective June 1, 2012. He will succeed Herbert W. Krueger, who under the terms of the firm’s partnership agreement is not eligible for another term.

Mr. Theiss, 52, began his career with Mayer Brown in 1985 after graduating from Amherst College and The University of Chicago Law School. He is currently a member of the firm’s Management Committee and formerly was a co-leader of the firm’s global Corporate & Securities practice. Mr. Theiss has been recognized for a number of years as one of the leading lawyers in the United States in the M&A and capital markets areas by a variety of publications, including Chambers and International Financial Law Review.

“It is the highest professional honor to be asked by my partners to serve as Chairman of Mayer Brown,” said Mr. Theiss. “Our firm today serves many of the world’s leading companies and financial institutions in a wide variety of practice areas around the globe. I look forward in my new role to helping guide our firm’s continued success.”

Mr. Theiss further noted, “Our firm always has had exceptional leadership, and I am thankful for having had mentors like Bert Krueger and others to help prepare me for this role. I have had the pleasure of serving with Bert on the Management Committee and under his skilled leadership. Despite difficult market conditions, Mayer Brown has continued to retain its position as one of the largest and most successful law firms in the world, and I could not be more confident about our future.”

Mr. Krueger said, “I am honored to have served as Chairman of our outstanding firm and am delighted to pass the torch to Paul. He has played and will continue to play a vital role in the growth and success of Mayer Brown, and I can think of no better partner to assume this role and responsibility. He has been deeply involved with firm-wide strategic issues for many years, and I am delighted that our partners have made a wise choice.”