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Wake Up Call: Goodwin Grabs Ex-Cooley Data, Cyber Leader

Feb. 16, 2021, 1:55 PM

In today’s column, hit by a costly exit last year and stagnant profit growth for a decade, Jenner & Block risks slipping from elite ranks, a report says; corporate law firms, anticipating a big year for deals, are hiring a lot of M&A lawyers; several in-house lawyers have moved to Big Law firms recently; a Florida law firm said it gave equity-partner like privileges to a non-attorney lobbyist.

  • Leading off, Goodwin & Procter on Tuesday announced it recruited privacy & cybersecurity leader Boris Segalis as a partner in New York and co-chair of its privacy + cybersecurity practice. According to his LinkedIn profile, Segalis arrives from Cooley, where he’d been a little more than three years as partner and vice chair of its cyber and data privacy practice. He was previously at Norton Rose Fulbright for about the same amount of time, as co-chair of its U.S. data protection and cybersecurity practice. (GoodwinLaw.com)
  • Jenner & Block risks getting dropped by its Big Law peers, a report says, noting that when former Jenner litigation rainmaker and chair Craig Martin leftfor Willkie Farr & Gallagher last year he took 22 lawyers and $45 million in business with him, 10 to 15% of its billing overall. The report says Jenner has had flat profit growth since 2010 and its local attorney head count has shrunken 30% since the mid-2000’s. (Crain’s Chicago Business)
  • Corporate law firms are hiring a lot of M&A lawyers as they get ready for a surge in deals this year. (American Lawyer)
  • Law firms’ success in shifting to remote work during the pandemic has reshaped the lateral hiring market. Podcast. (American Lawyer)
  • The “Texas cat lawyer” hopes to cash in on his fame after his Zoom filter snafu in virtual court hearing went viral last week. (New York Post)
  • Simpson Thacher & Bartlett says Brexit made opening a new office in Brussels a necessity. (Law.com International)

Biden Administration, Election Litigation, Fallout From Capitol Riots

  • Philadelphia lawyers are facing a backlash at home after working to get former President Donald Trump acquitted in his second Senate impeachment trial. (Philadelphia Inquirer)
  • A Jones Day practice leader says the firm is gearing up for a renewed emphasis on a range of white-collar prosecutions under the Biden administration. (BLAW)

Lawyers, Law Firms

  • A Florida-based firm said it has promoted a 22-year veteran lobbyist to a new position that provides equity shareholder-like privileges. The move is an example of how some law firms are experimenting with ways to give top privileges to professionals that are not attorneys, even as several states consider allowing non-attorney ownership of law firms, (Daily Business Review)
  • Orrick Herrington & Sutcliffe is the first law firm to partner with startup Legal Innovators to pilot a pipeline program aimed at rethinking the way the firms recruit and train talent, particularly diverse lawyers. (BLAW)
  • Companies are pushing their outside counsel to be more diverse, but law firms don’t have common metrics to measure how well they’re doing. (BLAW)
  • Dentons, the world’s biggest law firm by headcount, said it created an “affinity group”to support colleagues who identify as disabled, or who have loved ones who do. It said the group is part of its commitment to improving its diversity and inclusion. (Dentons.com)
  • Since it fired all its in-house lawyers last year, Berkshire Hathaway-owned paint company Benjamin Moore & Co. is keeping a tight control on in-house requests for legal advice. (Corporate Counsel)
  • Texas Attorney General Ken Paxton is fighting for his legal reputation in court and in the court of public opinion. (Texas Tribune)

Laterals, Moves

  • Sidley Austin hired former EPA policy office head Brittany Bolen in Washington as a senior policy adviser in its environmental and government strategies practices. Before her time at the Environmental Protection Agency during the Trump administration, where she was associate administrator for policy and senior counsel, Bolen was a Senate Republican policy counsel and earlier worked at the House. (Sidley.com)
  • DLA Piper recruited veteran structured finance lawyer Jay Williams as a partner in New York, getting him from Schulte Roth & Zabel, where he’d been over 17 years, most recently as special counsel. (DLAPiper.com)
  • Orrick added Holland & Knight litigation partner Stephen Hall in Boston. (BLAW)
  • Distributed firm FisherBroyles hired two worklaw partners in Pennsylvania from Post & Schell, P.C. Philadelphia-based Sid Steinberg was chair of Post & Schell’s employment practice group. Pittsburgh-based David Renner was a principal at the former firm. (FisherBroyles.com)
  • Medical device company Becton, Dickinson and Company lost its senior vice president and chief litigation counsel, Greg Dadika, who left for Greenberg Traurig. He’s the year’s latest example of in-house lawyer moves to large law firms. (New Jersey Law Journal)
  • Paul Hastings hired corporate lawyer Iksoo Kim as a partner in its securities and capital markets group in Seoul, Korea, from Greenberg Traurig. (PaulHastings.com)
  • Big Four accounting firm EY hired its first head of legal transformation for U.K. & Ireland and it made three hires for its legal consulting arm. (Law.com International via Legaltech News)

In-House

  • U.S. agribusiness cooperative CHS hired veteran industry in-house leader Brandon Smith to be its executive vice president and general counsel starting late March. He was most recently senior vice president, general counsel and corporate secretary at Tenneco Inc., a multinational industrial company based in Lake Forest, Il. Before that, he was a corporate associate at Kirkland & Ellis. (LPGas)
  • Former Wilkinson Walsh Co-Founder Brant Bishop took a job as chief legal officer at Young Living Essential Oils, a multi-level marketing company that sells essential oils and other products. (BLAW)

Promotions

  • Greenspoon Marder promoted six attorneys (one woman) to partner from various offices firmwide. (GMLaw.com)
  • New York-based Otterbourg P.C. promoted two attorneys to partner. (Businesswire.com)

Technology

  • Seyfarth Shaw launched a new software platform built on Salesforce to manage and automate aspects of its immigration practice. (BLAW)

Legal Education

  • Georgetown University Law Center received two big donations totaling $34 million, one of which is the single largest gift in the law school’s history. (Law.com)
  • Law deans from three big states urged the American Bar Association to add a second round of graduate employment data collection in June, citing recent delays in bar exam results. (Law.com)

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

To contact the editors responsible for this story: Rebekah Mintzer at rmintzer@bloomberglaw.com; Darren Bowman at dbowman@bloomberglaw.com

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