Prudential General Counsel Joins McDermott M&A Practice in New York
NEW YORK (May 2, 2005) — McDermott Will & Emery is pleased to announce that Howard E. Steinberg will join McDermott Will & Emery’s Corporate Department as a partner on Wednesday, May 4, 2005. Based in the Firm’s New York office, Mr. Steinberg will bring his 35 years of experience in mergers and acquisitions, securities law and corporate governance to the Firm's corporate practice.
"Howard is a highly respected lawyer in the New York transactional market and will be a tremendous asset for our Firm," commented Harvey W. Freishtat, Chairman of McDermott Will & Emery.
Mr. Steinberg joins the Firm from the Prudential Equity Group, where he most recently served as executive vice president and general counsel. Prior to this position he was the general counsel of Prudential Securities, where he built and led a 160 person in-house global legal team. Before that, Mr. Steinberg served in several senior executive positions at Reliance Group Holdings Inc., including executive vice president and general counsel. Prior to joining Reliance, he was a partner at Dewey Ballantine, where he was a highly accomplished partner in the corporate practice group.
"Howard Steinberg's name is synonymous with superior deal execution and team leadership," said Peter Sacripanti, partner-in-charge of the Firm's New York office. "He will be a cornerstone of our M&A team not only in New York but globally."
Mr. Steinberg earned his B.A. degree at the University of Pennsylvania and his J.D. at Georgetown University Law Center. He is a member of the Board of Regents of Georgetown University and a member of the Board of Directors of Sheltering Arms Children's Service.
"Howard will be a valuable resource to our clients," commented Grant Bagan, head of the Firm's Corporate Department. "He has vast experience as a general counsel of major corporations. He combines extensive substantive knowledge and transactional experience with a first hand understanding of the needs of general counsel."
Mr. Steinberg currently serves as co-chair of the Securities Industry Association's Federal Regulation Committee and is a member of the executive committee of its Compliance and Legal Division. He is also deputy chairman of the Board of Trustees for the Long Island Power Authority, and previously served as chairman of the New York State Thruway Authority and chairman of the New York State Canal Corporation.
McDermott Will & Emery's New York office has more than 120 lawyers who represent a broad range of regional, U.S. and international clients, including some of the world's largest publicly and privately-held companies, financial institutions, private equity funds and high-net-worth individuals.
McDermott Will & Emery's M&A practice group is involved in complex transactions, including U.S. and cross-border mergers, acquisitions and divestitures. The Firm's lawyers regularly represent leading U.S. and multinational corporations and investment banks in their M&A activities. The M&A group consists of more than 100 lawyers around the world, practicing under U.S., UK, German and Italian law. McDermott's M&A practice advises as one team on an integrated, worldwide platform, supported by significant tax, employee benefits and antitrust practices, each of which is widely recognized as market leaders.
