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Wake Up Call: CFTC Hires Hedge Fund Counsel as Chief of Staff

July 27, 2022, 12:31 PM

In today’s column, Freshfields posted global revenues up 7% to around $2.05 billion; a New York judge changed her mind about getting the Covid vaccine; and a French startup helps companies include access to legal services in their benefits packages.

  • Leading off, Commodity Futures Trading Commission Commissioner Goldsmith Romero hired Joe Cisewski, the legal counsel of crypto-currency specialist hedge fund Pantera Capital, as chief of staff and senior counsel. Romero said Cisewski’s “fluency on digital-asset and other issues will be valuable as the agency’s Technology Advisory Committee embarks on its agenda later this year.” (CFTC.gov)
  • Freshfields, Bruckhaus Deringer’s global revenues rose 7% to 1.7 billion pounds ($2.05 billion) for its latest fiscal year, putting it behind Clifford Chance and Allen & Overy. However, Freshfields’ average profits per equity partner, which rose 8% to reach 2.07 million pounds, led both those Magic Circle rivals, a report said. (Law.com International) (The Lawyer)
  • London firm Macfarlanes beat all three of those Magic Circle firms with average PEP up 19.1% to 2.48 million pounds ($2.99 million). (Global Legal Post) (Law.com International)

Lawyers, Law Firms

  • New York Court of Appeals Associate Judge Jenny Rivera, who had refused to be vaccinated against Covid-19 and has been working remotely, now says she’s willing to get the shot. That could remove one obstacle to her becoming the state’s acting chief judge when Chief Judge Janet DiFiore retires in August. (New York Law Journal)
  • Some corporate top lawyers say their law firms are giving them “administrative nightmares” by sending them bills that provide no detail on what they’re paying for. (Corporate Counsel)
  • For colleges and universities, the US Supreme Court’s ruling to strike down Roe v. Wade marked the beginning of great legal uncertainty. (Inside Higher Ed)
  • Attorneys’ who helped obtain a $21 million class action settlement with milk producer Fairlife and its parent company Coca-Cola have asked an Illinois federal judge for $7 million in attorney fees. (Top Class Actions)

Laterals, Moves, In-house

  • Reed Smith added Greenberg Traurig financial products attorney Joseph Suh as corporate partner in New York; Squire Patton Boggs public finance tax attorney Johnny Hutchinson joined Nixon Peabody as a partner in New York; Barnes & Thornburg snagged Merchant & Gould intellectual property partner Loretta Freeman, a former engineer at 3M, as a partner in Atlanta; Buchanan Ingersoll & Rooney said IP attorney Mythili Markowski returned as counsel in Washington after about two years in New Jersey at pharmaceutical giant Novartis; FisherBroyles picked up Wilson Elser commercial litigator and cybersecurity attorney Richard Reiter as a partner based in White Plains, New York; Hinshaw & Culbertson hired medical malpractice defense attorney Karen V. Nathan as a partner in its health-care practice in Chicago. She arrives from CNA Insurance Companies where she was senior litigator. (HinshawLaw.com)
  • Holland & Hart added real estate, finance, and development attorney Bill Callison as a partner in Denver. He spent decades at Faegre Baker Daniels which merged into Faegre Drinker in 2020; Withers appointed private client and tax partner Zhang Wei as managing director of its Hong Kong office. (Law.Asia)
  • McGuireWoods said labor and employment associate Alex Toney is leaving to join global management consulting firm Bain & Company as counsel for employment law; FreeWire Technologies, Inc., maker of electric vehicle charging stations and power solutions, announced former top lawyer at Momentus Space and Luminiar Technologies Alex Fishkin as its chief legal officer and general counsel. He was earlier Google corporate counsel; digital marketing services company Kepler Group hired tech company in-house leader Ruchi Prasad as its general counsel; Memphis, Tennessee-based Methodist Le Bonheur Healthcare promoted in-house regulatory counsel Kate Dowd to senior vice president and chief legal officer. She’s a former Butler Snow health care regulatory and transactions attorney. (Yahoo.com)

Technology

  • French startup Ekie has raised 2 million euros for its legal platform that enables companies to include access to legal services in their benefits packages for employees. The 100 companies using the service include ContentSquare, L’Oreal, LinkedIn and PayFit, a report says. (Sifted)

To contact the correspondent on this story: Rick Mitchell in Paris at rMitchell@correspondent.bloomberglaw.com

To contact the editors responsible for this story: Chris Opfer in New York at copfer@bloomberglaw.com; Darren Bowman at dbowman@bloomberglaw.com