Nicholas Gravante, less than a year after becoming co-head of the Boies Schiller Flexner law firm, has departed for Cadwalader Wickersham & Taft along with three other partners.
Gravante and partners Philip Iovieno, Karen Dyer and Lawrence Brandman join Cadwalader’s destination litigation team, according to the firm. Gravante will be head of the commercial litigation practice.
Gravante’s departure is the latest in a series of setbacks for the firm founded by trial lawyer David Boies, who came under intense fire in recent years for working with convicted rapist Harvey Weinstein and alleged sex trafficker Jeffrey Epstein.
Dozens of top partners left the firm in the past year to Big Law competitors including Paul, Weiss, Rifkind, Wharton & Garrison, Jenner & Block, Mintz Levin and King & Spalding. Recently released records show Boies Schiller received $10 million through the Paycheck Protection Program, apparently the only of the 100 largest U.S. firms to receive such a loan.
A representative for Boies Schiller did not immediately respond to a request for comment.
A year ago, Boies Schiller announced its plan to transition Boies and named partner Jonathan Schiller out of management. The firm appointed Gravante and London-based Natasha Harrison as co-managing partners. Gravante had been a member of the firm’s management committee for a year.
Gravante’s litigation practice focuses on business crimes and complex commercial litigation. He recently won a $663 million jury verdict for a plaintiff in a case against the manufacturer of highway guardrails, according to Cadwalader.
His clients have also included Fortune 500 companies and a major national university in federal and state grand jury and regulatory investigations.
“I have been extremely impressed by the strategic steps that Cadwalader has taken in the past few years to establish its litigation practice as a market leader,” Gravante said in a statement.
Iovieno is an antitrust litigator who will join Cadwalader as co-leader of the antitrust litigation practice. Dyer represents Fortune 500 companies and other large entities in commercial litigation. Brandman specializes in bankruptcy advisory and litigation matters.