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Legal Startup Atrium Names Two New Partners After Layoffs

Jan. 27, 2020, 10:02 PM

Atrium Law, a venture capital-backed hybrid firm, named two new partners just two weeks after announcing it would let go of some lawyers and shift its focus beyond legal services.

Matthew Melville and Michel Narganes joined the firm this month, according to their LinkedIn profiles.

An Atrium spokeswoman said the lawyers weren’t available for interviews.

Founded in 2017 by Silicon Valley entrepreneur Justin Kan, Atrium Law raised $75 million in an attempt to create a more efficient law firm by building a software company alongside lawyers.

But Kan said in a Jan. 13 announcement that Atrium would dwindle its lawyer headcount as it focused on providing a broader array of professional services to its start-up clients, catching the industry by surprise.

He said at the time that Atrium would keep a small group of partners to provide legal services related to financing or transactions and to coordinate services for Atrium’s clients with other service providers.

Melville most recently worked at Pearl Cohen, a New York firm that represents start-up companies and investors.

Narganes joined Atrium from an in-house role at digital marketing software company Sitecore, where she ran the global M&A, financing, corporate compliance, and general corporate legal practices.

To contact the reporter on this story: Roy Strom in Chicago at rstrom@bloomberglaw.com

To contact the editors responsible for this story: Jessie Kokrda Kamens at jkamens@bloomberglaw.com; Rebekah Mintzer at rmintzer@bloomberglaw.com

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