Gibson Dunn has hired Thomas Kim, former chief counsel for the Securities and Exchange Commission’s corporation finance division, from Sidley Austin in Washington.
Kim advises clients on securities disclosure and regulation, including capital raising and tender offer transactions, shareholder activism, and corporate governance. He also assists clients with SEC enforcement investigations.
The changeover to a Biden administration is expected to bring new faces and spur new priorities across key federal agencies including the SEC. The commission is widely expected to become a tougher regulator than it was under outgoing chairman Jay Clayton.
Beth Ising, co-chair of Gibson Dunn’s securities regulation and corporate governance practice, where Kim will be a partner, said she expects to see continued interest from Congress and regulators in developing new disclosure and governance standards.
“Tom’s experience at the SEC’s Division of Corporation Finance combined with his in-house experience will be an attractive combination for our clients and will allow us to further distinguish the depth and sophistication of our firm’s practice,” she said in a statement.
Kim joined Sidley Austin from the SEC in 2013, after serving as chief counsel and associate director of the agency’s division of corporation finance for six years where he led SEC rulemaking under the JOBS Act. He also oversaw the office responsible for referring offering and disclosure-related matters to the SEC’s enforcement division.
Prior to entering government service, he was corporate and securities counsel for the General Electric Company.
“I look forward to working with my new Gibson Dunn colleagues,” Kim said in a statement. “I’ve admired the quality of the firm’s work for many years, and I’m delighted to further advance my practice at a firm with a stellar reputation in securities regulation and corporate governance and a strong complementary platform in litigation and transactional work.”