
In a significant development in the legal landscape, prominent Silicon Valley deal lawyer Scott Joachim is spearheading a team of private equity legal experts, making a strategic move from the prestigious law firm Goodwin Procter to join the esteemed ranks of Paul Hastings. In parallel, Paul Hastings also welcomed a seasoned capital markets lawyer from Cooley, further bolstering its legal prowess in the tech and private equity sectors.
The Arrival of Scott Joachim: A New Global Vice Chair for Private Equity
Scott Joachim has landed at Paul Hastings, positioning himself as a key figure in their Palo Alto office while also assuming the mantle of Global Vice Chair for the private equity practice within the firm. This strategic move signals Joachim's commitment to Paul Hastings and reflects the firm's ambition to fortify its standing in Silicon Valley's legal arena. In tandem with Joachim, two additional technology-focused transactional lawyers hailing from Goodwin will become integral partners in Paul Hastings' evolving legal landscape. However, their identities have yet to be disclosed.
Capital Markets Expertise Joins the Fold
A Strategic Focus on Wall Street and Sand Hill Road
With these high-profile additions, Paul Hastings is committing to assert its dominance at the intersection of Wall Street and Sand Hill Road. This historic location has long been a hub for venture capital firms in Silicon Valley, and Paul Hastings aims to play a pivotal role in shaping the legal landscape of this vibrant ecosystem.
Impressive Clientele and Professional Backgrounds
David Ambler, who was part of the Cooley teams that advised on initial public offerings for prominent companies such as DocuSign and Procore Technologies, further enriches Paul Hastings' ranks with his extensive experience.
Paul Hastings: A Pioneering Force in Silicon Valley
David Ambler emphasized that Paul Hastings stands out as a firm "uniquely serious" about expanding its private equity and traditional Silicon Valley-focused corporate practices. This commitment further solidifies the firm's position as a pioneering force in the Silicon Valley legal landscape.
Well-Wishes from Former Firms
Spokespeople for Goodwin and Cooley have conveyed their best wishes to Scott Joachim and David Ambler as they embark on this new phase of their careers, underscoring the respect and goodwill that exists between the legal powerhouses involved in these transitions.
Further Expansion in Diverse Legal Fields
This high-profile talent acquisition is just one part of Paul Hastings' broader strategy for growth. The previous week, the firm hired three partners to strengthen its insurance industry M&A and regulatory groups, demonstrating its dedication to expanding its legal prowess across diverse sectors.