Covington Expands Corporate Practice With Key Duo, Strengthening Its Nordic Initiative
June 13, 2022, The New York Law Journal
The New York Law Journal covered Uri Doron and Jared Manes' arrivals to Covington. Working together for over a dozen years, the duo are focused on servicing merger and acquisition deals for clients in Denmark, Sweden and Finland, a region they say “punches above its weight” in the M&A world.
According to Uri, “There’s some very large companies in the region. Some of the largest companies in the world are headquartered there, and there’s also a significant amount of innovation and earlier stage companies going through their life cycle. They all need legal assistance, be it in the United States or around the world.” Uri continues, “Wherever they’re doing business—both on the corporate side and in other areas—we help them.”
The move to Covington, said Jared, brings their practice a whole range of services to provide their clients. Jared stated, “We see a competitive advantage in moving to the firm.” “Part of the fascination of joining Covington was they have a Nordic initiative similar to how we operate, but they also have great strength in life sciences and other areas, including a global presence in London, Brussels and China, that will help our clients,” explained Jared.
Uri also stated that a strong attraction was Covington’s deep bench of regulatory offerings. “That was probably the most significant attraction of the platform,” said Uri, adding that over the past few years he has seen an increase in the need for highly skilled lawyers in areas such as export and trade, Committee on Foreign Investment in the United States (CFIUS) compliance, and antitrust and competition matters. Uri stated, “Often in our practice, we are also looking at life sciences deals which need an understanding of Food and Drug Administration rules, and other life sciences regulation around the world. The increase of regulatory attention on the deal side of business has not been trivial.”
It is a “unique opportunity” to grow the firm’s business in the region and “become the go-to firm for Nordic companies looking for legal assistance outside of the region,” said James Gubbins.
Peter Laveran-Stiebar, who also services Nordic clients as part of his practice, said Uri and Jared's singular focus on the region will “supercharge” the firm’s ability to service and find clients in the region.
Peter said that Uri and Jared are a great cultural fit for Covington.
To this end, Peter stated “They are exactly the kind of lawyers we like, with a collaborative approach to bringing clients to the firm and finding ways to provide all the services that our clients need.” “Part of our structure and culture is we don’t have origination credits. We have a collaborative approach to servicing clients. In that environment Uri and Jared can really thrive,” Peter said.
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