In a strategic move aimed at enriching its finance capabilities, law firm Proskauer Rose has successfully roped in legal talents Eric Reimer and Gayle Berne. Both these legal professionals last served at Milbank, with the former holding the position of finance partner and the latter serving as counsel. The news was announced by Proskauer Rose’s official statements last Thursday.
Eric Reimer’s expansive professional journey began at Milbank but later saw him moving to firms like McDermott Will & Emery, Goodwin, and O’Melveny & Myers, where he held critical roles in corporate finance practice and restructuring group. His second stint at Milbank started in 2014 when he assumed the position of a partner in the Los Angeles office as reported. Over the course of his career, Reimer has provided services to numerous private equity firms, hedge funds, borrowers, issuers, and lenders. He has gained expertise in diverse areas including credit facilities, front-end lending transactions, mezzanine facilities, bridge facilities, acquisition facilities, debt issuances, and restructurings. Gayle Berne, on the other hand, joined Milbank in 2021 from Jones Day and has focused her commitment to senior debt financing. Her expertise lies primarily in secured and asset-based lending transactions.
The duo’s wide-ranging experience across various asset classes found commendation in the words of Proskauer’s chair, Steven Ellis. While acknowledging the recruitments, he expressed a strong synergy between the expertise of the incoming partners and the law firm’s platform. Other Proskauer officials, including the Global Finance Practice head, have expressed confidence in the newly-recruited partners’ capacities to meet changing client needs and apprehend new market opportunities.
The arrangements behind Reimer’s move were overseen by Sabina Lippman, partner and co-founder of global legal recruitment firm, Lippman Jungers.
For the full details of the report, please visit Bloomberg Law.