King & Spalding has hired New York-based Richard Zall to serve as chair of its healthcare transactions and regulatory practice, luring the highly ranked dealmaker from Proskauer.
His addition will bolster King & Spalding’s healthcare practice in the largest legal market. He is one of eight so-called “Band 1" healthcare lawyers in New York, according to Chambers and Partners, which ranks attorneys based on interviews with peers and clients.
“Rick is one of an incredibly small group of lawyers nationally who understands the special structuring, diligence and risk mitigation considerations required in transactions in this highly regulated industry,” Todd Holleman, practice group leader of King & Spalding’s corporate, finance and investments practice, said in a statement.
Healthcare and life sciences practices have seen a slew of hiring early in the year, propelled by drastic changes to those industries brought on by the coronavirus pandemic. Citi Private Bank’s Law Firm Group projects healthcare and life sciences practices to be among the highest performing for Big Law firms this year.
King & Spalding is well-known for its healthcare practice, comprised of more than 350 professionals who advise a range of industry participants including healthcare providers, practitioners, investors, manufacturers, suppliers, and inventors.
Zall, who led the healthcare industry practice at Proskauer, has served as counsel to the Clinton Health Access Initiative since 2004, when he was a partner at Mintz Levin, according to his LinkedIn bio. He also was CEO of a private equity-backed medical care management company, Telesis Medical Management, Inc., from 1997 to 2000.
He advises healthcare companies, private equity firms and lenders on corporate transactions and on regulatory and compliance issues, including fraud prohibitions, Medicare and Medicaid reimbursement, and value-based payment programs. He also has advises on digital health matters.
Sidley Austin also bolstered its health care practice this week, adding three healthcare transactional lawyers from McDermott Will & Emery’s top-ranked group. Sidley is also set to hire Asher Rubin, who co-led the life sciences industry practice at Hogan Lovells, in a major coup for the firm.
Kay Hoppe, a veteran legal recruiter based in Chicago, brokered Zall’s move to King & Spalding.