What's Happening?
Seyfarth Shaw LLP has expanded its structured finance team by hiring Henry Morriello and two other lawyers from Arnold & Porter. Morriello will serve as a partner and co-chair of the structured finance group, while Karsten Giesecke and Michael Karol will join in counsel roles. This strategic move aims to bolster Seyfarth's capabilities in structured finance, a critical area for the firm's growth and service offerings.
Why It's Important?
The recruitment of experienced lawyers like Morriello and his team is a strategic enhancement for Seyfarth Shaw, potentially increasing the firm's market share in structured finance. This area of law is crucial for clients involved in complex financial transactions, including securitizations and derivatives. The new hires are expected to bring valuable expertise and client relationships, which could lead to increased business opportunities and a stronger competitive position for Seyfarth in the legal market.