Latham & Watkins has hired a duo of laterals, boosting its private equity practice in San Francisco with Cooley partner Eric Schwartzman, and adding former Obama White House lawyer Michael Bosworth to its white collar litigation practice in New York.
Schwartzman, who previously practiced at Latham, advises private equity sponsors, strategic corporate acquirers, and target companies on a wide array of deals. His clients have included The Sovereign Wealth Fund of Oman and Carlyle, and he has represented clients in successful exits to KKR and Vista, among other investment firms.
His lateral move comes amid a shakeup of the Silicon Valley legal landscape, including an announcement by London-based Freshfields that it will be opening a new office in Silicon Valley, and news that Wall Street giant Paul Weiss is eyeing an entrance into the Northern California market.
Schwartzman is also the latest strategic addition to Latham’s private equity and M&A practices, following Neal Reenan and Ian Bushner, who joined in Boston and Chicago in March, and Kate Withers, who joined in New York in April.
“Continuing to build out these practices globally, nationwide, and particularly in the Bay Area is a strategic focus of the firm, as we are deeply committed to growing in line with our clients’ needs,” Marc Jaffe, global chair of Latham & Watkins’ corporate department, said in a statement. “Eric’s vast experience in the technology sector further underscores that commitment as we see our private equity clients increasingly focused on deals in the tech space.”
Bosworth joins Latham from global holding company MacAndrews & Forbes Incorporated, where he served as deputy general counsel.
Prior to that, he served as the deputy assistant and deputy counsel to President Barack Obama from 2014-17, providing legal advice to the president and senior White House officials and advising on strategy in high-profile litigation.
Bosworth also previously served as special counsel to the director of the FBI, and was a prosecutor in New York’s Southern District, where he led the complex fraud unit and oversaw cases involving financial and accounting fraud, bribery, money laundering, cybercrime, espionage, and other crimes.
“Michael was highly respected in each role in which he served in government and in the private sector,” Benjamin Naftalis, global vice chair of the firm’s white collar practice, said in a statement. “He is a powerful legal advocate, a skilled crisis manager, and a practical, commercially minded strategist.”