In a move indicative of ongoing recovery from a significant spinoff earlier this year, FisherBroyles has appointed Devika Kewalramani as its new General Counsel. Kewalramani joins the firm as both General Counsel and partner, a dual role that underscores the firm’s commitment to restructuring following the departure of 128 partners in January to form Pierson Ferdinand, a spinoff cited as one of the largest on record. Kewalramani, known for her expertise in legal ethics, indicated that FisherBroyles’ innovative work-from-anywhere model was a compelling factor in her decision to join the firm (Law.com).
This appointment is part of a larger trend where law firms are actively realigning their structures and focusing on innovative operational models. The spinoff’s impact has necessitated strategic hires to ensure robust governance and legal oversight. Additionally, the competition for top legal talent remains fierce, as evidenced by the movement of senior lawyers across firms and the attractive compensation packages being offered to corporate general counsels in the UK, aiming to pull them back to offices full-time (Times of London).
Beyond FisherBroyles, other firms like Day Pitney and Wiggin and Dana are expanding their footprints in tax-friendly states like Florida to align with their clients’ geographic and financial strategies (Hartford Business Journal). These trends reflect the dynamic nature of the legal industry, as firms navigate structural changes and shifting client needs within a competitive market landscape.
For further details on this industry update, visit the original article on Bloomberg Law’s website here.