Barnes & Thornburg has strategically expanded its capabilities by recruiting Scott Cobb, a partner experienced in nonprofit organizations, to its Chicago office. Cobb’s addition is anticipated to bolster the firm’s existing nonprofit practice, particularly through his extensive experience advising on tax-exempt status, governance, and organizational operations.
Scott Cobb’s move to Barnes & Thornburg represents a significant shift from his previous role at Neal, Gerber & Eisenberg LLP, where he was a crucial part of their nonprofit and tax-exempt organizations practice. His credentials include aiding a variety of nonprofits, including educational institutions and foundations, to navigate complex legal challenges, enhance operational efficiencies, and ensure compliance with federal and state regulations. Barnes & Thornburg’s acquisition of Cobb is expected to enhance the firm’s service offerings to nonprofit clients, providing them with seasoned expertise in addressing legal issues unique to the sector. Further details are available in the Bloomberg Law report.
This strategic hire reflects a growing trend among major law firms to expand their nonprofit practices, recognizing the increasing legal complexities faced by these entities. The move underscores the amplified focus on providing comprehensive legal services that address the multifaceted needs of nonprofit organizations, particularly those navigating the evolving landscape of regulatory compliance and governance challenges.
Barnes & Thornburg’s expansion in Chicago aligns with a broader industry trend of top firms enhancing their expertise in nonprofit law to meet the demands of a sector that is critical to social infrastructure. The firm is poised to capitalize on Cobb’s expertise to deepen engagements with existing clients and attract new clients across the nonprofit spectrum, aiding them in pursuing their mission-driven objectives while maintaining robust legal compliance.