Mesele is the second former Wachtell associate to take a general counsel job in the financial services world in recent weeks. I appreciated very early on that Coinbase had some of the most challenging and industry-impacting issues of any company in crypto anywhere on the planet, said Paul Grewal, the crypto exchange's chief lawyer. [8] Grewal was also appointed by Chief Justice John Roberts to the Federal Judicial Centers Magistrate Judge Education Committee and served as a co-chair of the Federal Circuit Bar Associations Judges Committee. "[17] According to the 2022 Proxy Statement, Grewal beneficially owns 767,759 Class A Common Stock.[18]. Venture capital firm recently had $4.6 billion stake in Coinbase. Colin Moran, a graduate of Stanford Law School and former investment banking associate at the Goldman Sachs Group Inc., is a managing partner at Abdiel, which he founded in 2006. The announcement was made by Coinbasechief legal officer Paul Grewalon the social platform Twitter. Coinbase Senior Counsel, Litigation At Coinbase, our mission is to increase economic freedom around the world, and we couldn't do this without hiring the best people. Chicago-basedKatherine Minarik, who most recently served as general counsel of the Americas for Dyson,will be Coinbasesdeputy general counsel of litigation. Join Corporate Counsel now! Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? Coinbase Global Inc. has announced its addition of chief compliance officer Melissa Strait, the latest in a series of legal hires by the largest U.S. cryptocurrency exchange. Copyright 2023 ALM Global, LLC. Other recent recruits include Carly Nuzbach Lowery, a former senior legal counsel at Uber Technologies Inc. in London, where she joined Coinbase this month as an associate general counsel. Join team who receives, tracks, investigates, prepares evidentiary presentations, attempts to settle, and, where necessary, litigates litigation and regulatory With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? WebAverage Coinbase Associate General Counsel yearly pay in the United States is approximately $343,095, which is 195% above the national average. Chintan Amin, NASABA, Former NASABA President Paul Grewal Appointed Federal Magistrate Judge. Lennon didnt respond to a request for comment about the circumstances surrounding her exit. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas. WebCarly Nuzbach Lowery, who is based in London, most recently was associate general counsel at cryptocurrency exchange Coinbase. The XRP community is unimpressed by Coinbases latest crypto advocacy efforts. Tech startup Nillion has scooped up a former in-house legal leader for Coinbase to serve as the companys first-ever general counsel. For questions call 1-877-256-2472 or contact us at [emailprotected], Shearman and Hogan Lovells Call Off Merger Talks, Early Reports: 2023 Am Law 200 Financials, Beyond Excess Capacity, Pooled Services and Automation Expedite Staff Layoffs, Dozens of Law Firms Grew Their Equity Partner Tier, Even as Profits and Demand Plummeted. Our growing legal team is building out its litigation practice. A branded coffee mug at the Coinbase Inc. office in San Francisco. Coinbase had already recruited several legal staffers prior to the end of Brooks tenure as legal chief nearly a year ago. The company also this week announced its addition of a new non-lawyer head of capital markets in Brett Redfearn. Woods joins Coinbase after four years in-house at Capital One in McLean, Va., where she spent nearly the past three years as a senior director, associate general counsel, and head of IP. Coinbase serves around 56 million verified users, 8,000 institutions and 134,000 ecosystem partners in over 100 countries. Customer Service| Cryptocurrency exchange Coinbase Inc. raided Facebook Inc. for one of its top in-house lawyers, hiring Paul Grewal to serve as its new chief legal officer. Learn more about a Bloomberg Law subscription. For more information, visit the Groups website www.lcpublishinggroup.com, For more information, visit the Groups website, Real Estate, Construction & Infrastructure. Join Corporate Counsel now! To contact the reporter on this story: Brian Baxter in New York at bbaxter@bloomberglaw.comTo contact the editor responsible for this story: Chris Opfer at copfer@bloomberglaw.comJohn Hughes at jhughes@bloombergindustry.com. Within the past three months alone, Coinbase has added more than a half-dozen lawyers, according to a Bloomberg Law analysis of LinkedIn profiles, state bar registries, and job listings by the company. Don't miss the crucial news and insights you need to make informed legal decisions. Coinbase Taps Facebook Deputy General Counsel as New Legal About Us| LexisNexis and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information. In his new role, Sabella will lead the cryptocurrency exchanges capital markets legal work. [5] While a judge on that court, Grewal sat on the Northern District's Technology Practice and Patent Instructions and Rules Committees. Coinbase Global Inc., the largest U.S. cryptocurrency exchange that expects to go public in April, has brought on veteran Morgan Stanley lawyer Ian Rooney as its new head of enterprise compliance. Contact Us| Law.com Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALMs deep bench of proprietary information to provide insights that cant be found anywhere else. Coinbase Hires Morgan Stanley Lawyer as It Plans to Go Public Signage is displayed at the front desk of the Coinbase Inc. office in San Francisco on Dec. 1, 2017. Former product counsel Andrew Ridenour is now senior counsel to the chairman of the Commodity Futures Trading Commission, while the director of the CFTCs division of market oversight is Dorothy DeWitt, a former divisional general counsel at Coinbase. Eric Weingarten, a senior director and associate general counsel for product at Coinbase, left the company in January to become general counsel at San Francisco The London-based Brown joined Coinbase after serving as senior legal counsel for Sloan Robinson LLP, a dissolving hedge fund, while Yang and King were associates at Davis Polk & Wardwell in New York. She was most recently general counsel at general counsel for flying car startup Kitty Hawk Inc. Engage and manage outside counsel to effectively and efficiently represent Coinbase. Los Angeles. Don't miss the crucial news and insights you need to make informed legal decisions. Ina Fried, Recode, U.S. Magistrate Judge Paul Grewal is leaving the bench for Facebook. All Rights Reserved. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Centre. Counsel Samson Mesele, who spent the past half-dozen years as a corporate associate at Wachtell, Lipton, Rosen & Katz, confirmed in an email to Bloomberg Law that he became the New York-based venture capital firms first legal chief last month. Law.com Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms financials, staffing, clients, news and events. He was most recently acting director of the U.S. Securities and Exchange Commissions (SEC) Division of Trading and Markets. Lee, a former federal prosecutor who spent part of last year in a cybersecurity counsel role at the Commerce Department before joining the Biden-Harris presidential campaign, joined Coinbase in April as an associate general counsel. USVs other investments include Casetext Inc., a legal research startup whose other backers include an unidentified large law firm and startup accelerator Y Combinator Continuity. A Corporate Counsel Guide to Successful Contract Lifecycle Management, ADA Demand Letter Playbook: Your Guide to Responding and Reducing Future Risk, Women, Influence & Power in Law (WIPL) 2023, The American Lawyer Industry Awards (TALIA) 2023, Women, Influence & Power in Law UK Awards 2023, WORKERS COMPENSATION ATTORNEY - Hartford, CT, Offering an Opportunity of a Lifetime for Personal Injury Lawyers, What Does Your Business Agreement Really Mean? [6], On December 1, 2010, Grewal was sworn in as a U.S. magistrate judge for the United States District Court for the Northern District of California. He also previously clerked for U.S. Supreme Court Associate Justice Neil Gorsuch when Gorsuch was a judge on the U.S. Court of Appeals for the Tenth Circuit. Within the past few weeks Coinbase added Lianne Labossiere Worden as chief of staff and trust and risk counsel to the general counsel, company spokesman Daniel Harrison told Bloomberg Law. Law Offices of Gary Martin Hays & Associates 16 June 2021 Christian Sabella (pictured) joins Cryptocurrency company, Coinbase as senior director and associate general counsel. To contact the reporter on this story: Brian Baxter in New York at bbaxter@bloomberglaw.com, To contact the editor responsible for this story: Chris Opfer at copfer@bloomberglaw.com. Our Team Account subscription service is for legal teams of four or more attorneys. Buying Legal Council Taps New Leadership as Founder Steps Back, Five Actions CLOs Can Take to Drive Successful Change Management in 2023, Inside Track: Determining when to Allow Executive Stock Sales is Getting Trickier, Data Privacy and Website Accessibility: Class Action Trends to Watch in 2023, Law.com Editors and Analysts Offer Top Trends to Watch for 2023. USV is also a backer of Scroll, an online ad-blocking startup acquired last week by Twitter Inc., a social media giant that plans to integrate the readership platform into its subscription-based services. Coinbase Inc., a fast-growing cryptocurrency exchange eyeing a potential initial public offering, has made another high-profile legal recruit. What Joseph L. Rini Knows, Attorney Rachel Y. Marshall A Pillar of Strength for the Community, SpotDraft Raises $26 Million in Series A Funding for AI-Powered Legal Software. Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments. Coinbase declined to discuss individual departures. Site Map, Advertise| Coinbase is leading the expansion of digital currency into the financial mainstream. Beijing-based OKCoin legal counsel Phoebe Gan and Megan Monroe-Coleman, a former senior director of compliance at Coinbase who OKCoin hired more than a year ago to serve as its global chief compliance officer, also did not respond to messages seeking comment. Hwang, another ex-Davis Polk associate, spent the past eight years at Google LLC, most recently as senior counsel in San Francisco. Both options are priced the same. Tech startup Nillion has scooped up a former in-house legal leader for Coinbase to serve as the companys first-ever general counsel. Our Team Account subscription service is for legal teams of four or more attorneys. WebThe average salary for Associate General Counsel, Institutional at companies like COINBASE in the United States is $213,304 as of January 26, 2023, but the range typically falls between $177,424 and $249,184. Senior Counsel, Litigation - Remote.co Union Square Ventures LLC, which scored big with an investment in newly public cryptocurrency exchange Coinbase Global Inc., has hired its first general counsel. Counsel Cohen most recently served as associate GC at Coinbase. Our team is thinking hard about structures that make sense for our portfolio companies and our limited partners.. WIPL is the original global forum facilitating women-to-women exchange on leadership and legal issues. Law Offices of Gary Martin Hays & Associates The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas. Grewal didnt respond to a request for comment. Coinbase Deok Keun Matthew Ahn left his role as an associate general counsel at Coinbase in October to become deputy general counsel at Zumper Inc., an apartment rental startup whose legal chief is former Coinbase lawyer Aaron Hou. Amy Luo, senior counsel for global business development and stablecoins, wrote on her LinkedIn profile last month that she had become general counsel for the Centre Consortium, a group backed by Coinbase and cryptocurrency company Circle Internet Financial Ltd., the latter of which hired a new general counsel in September. Our Team Account subscription service is for legal teams of four or more attorneys. (Corrects throughout spelling of Samson Mesele's last name. Company co-founder and CEO Brian Armstrong could reap a $3 billion windfall from the listing. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? Counsel "It's essential that the right-sized controls be put in place to mitigate risk while giving the public full access to the opportunities created by these innovations," said Rebecca Cohen, the newly appointed general counsel of Centre. That same month Coinbase hired former E*Trade Financial Corp. associate general counsel Kirill Kan as a senior counsel and picked up a senior director of legal in Leah Bressack, who worked with Grewal at Facebook, where she was an associate general counsel and strategic counselor to the general counsel. LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. General Counsel and In House Counsel Phillip Bantz In the nine months that Paul Grewal has held the title of chief legal officer at Coinbase Global Inc., the legal The hashtag relistXRP is trending again on Twitter. P.C. Abraham, a former associate at Wachtell, Lipton, Rosen & Katz, joins Coinbase after four years at Mountain View, Calif.-based Kitty Hawk, which is backed by Alphabet Inc. co-founder Larry Page. Nillion has hired Lindsay Danas Cohen as GC. https://www.law.com/corpcounsel/2021/05/10/how-coinbases-legal-team-expanded-at-crypto-speed-navigated-public-debut/. Contact Us| [7] At that time, he was only the second sitting South Asian federal magistrate judge in the United States. Abraham, in a message she wrote this month on LinkedIn, said she was excited to be making the switch from flying cars to crypto. She didnt respond to a request for comment about her decision to leave Kitty Hawk, which has promoted her former deputy, Angela Gandhi, to be its head of legal. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? The startup's new top lawyer, Lindsay Danas Cohen, served as an associate GC at Coinbase and, earlier in her career, helped build Bloomberg Law. Join Corporate Counsel now! Don't miss the crucial news and insights you need to make informed legal decisions. USV and fellow venture capital firm Andreessen Horowitz were among those registered to trade stock in the direct listing by Coinbase, whose successful stock market debut created USVs most profitable investment exit, while also disclosing the pay of Coinbases own top in-house lawyer. Not a Bloomberg Law Subscriber?Subscribe Now. Contact Us| WebCoinbase. Counsel WebDirector, AGC Corporate at Coinbase San Francisco, California, United States. Your article was successfully shared with the contacts you provided. You will be Buying Legal Council Taps New Leadership as Founder Steps Back, After Trial by Fire, Robinhood Legal Chief Knows Keys to Getting Along With SEC, Five Actions CLOs Can Take to Drive Successful Change Management in 2023, Inside Track: Determining when to Allow Executive Stock Sales is Getting Trickier, Law.com Editors and Analysts Offer Top Trends to Watch for 2023. Richard Lawler, Engadget, Facebook hires U.S. Magistrate Judge Paul Grewal, United States District Court for the Northern District of California, United States District Court for the Northern District of Ohio, United States Court of Appeals for the Federal Circuit, United States Patent and Trademark Office, http://blogs.mcgeorge.edu/ipsa/archives/488, https://www.linkedin.com/in/paul-grewal-288978b4, http://law.scu.edu/wp-content/uploads/hightech/Judge%20Grewal.pdf, "Paul Grewal '96 Appointed US Magistrate Judge | University of Chicago Law School", "Legal Industry Luminary Paul Grewal Joins Zapproved Board of Directors", https://nasabablog.wordpress.com/2010/12/01/former-nasaba-president-paul-grewal-appointed-federal-magistrate-judge/, https://thesedonaconference.org/bio/grewal-paul, http://www.therecorder.com/id=1202757560813/Judge-Grewal-to-Leave-Bench-for-Facebook?back=law&cn=20160513&pt=Newswire&src=EMC-Email&et=editorial&bu=Law.com&slreturn=20170020012328, http://www.courthousenews.com/2016/05/27/judge-grewal-leaves-bench-to-join-facebook.htm, https://blogs.wsj.com/law/2016/05/13/facebook-hires-judge-paul-s-grewal-for-litigation-role/, http://www.recode.net/2016/5/12/11668896/federal-magistrate-paul-grewal-joining-facebook, http://fortune.com/2016/05/16/federal-judge-quits-to-join-facebook/, https://www.engadget.com/2016/05/13/facebook-hires-u-s-magistrate-judge-paul-grewal/, "Coinbase Taps Facebook Deputy General Counsel as New Legal Chief (1)", "Coinbase announces 1,100 layoffs as CEO warns of recession and crypto winter", "Coinbase's Paul Grewal Defends Layoffs as Crypto Firm Braces for Recession", https://www.sec.gov/Archives/edgar/data/0001679788/000114036122015201/edge20001234x1_def14a.htm, https://en.wikipedia.org/w/index.php?title=Paul_Grewal&oldid=1105961704, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 22 August 2022, at 15:33. Doug Sharp - Director, Associate General Counsel, By Joshua Briones, Crystal Lopez, Sofia Nuo, Shearman and Hogan Lovells Call Off Merger Talks, Early Reports: 2023 Am Law 200 Financials, Beyond Excess Capacity, Pooled Services and Automation Expedite Staff Layoffs, Dozens of Law Firms Grew Their Equity Partner Tier, Even as Profits and Demand Plummeted. Armstrong Teasdale corporate services partner Thor Mathison in St. Louis also came aboard as an associate general counsel. [5] Grewal was approved to join the Board of Directors for Zapproved, an electronic discovery software provider, in July 2021. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team. Milana McCullagh, who spent the past 13 years in-house at Alphabet Inc.'s Google LLC, was announced Friday by Coinbase as its new deputy general counsel for product and commercial legal. Both options are priced the same. P.C. In December, Coinbase filed confidentially for an initial public offering. [4], Grewal is the former president of the National South Asian Bar Association. Beijing-based OKCoin legal counsel Phoebe Gan and Megan Monroe-Coleman, a former senior director of compliance at Coinbase who OKCoin hired more Fenwick has served as primary outside counsel to Coinbase for many years, representing the company in more than 15 transactions, including its Nasdaq direct listing, strategic acquisitions of Bison Trails, Earn.com, Tagomi and skew, its $100 million Series D and $300 million Series E financings and more than 70 investments by Coinbase Ventures. LexisNexis and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information. All Rights Reserved. As Coinbase continues to be the bridge between the cryptoeconomy and the traditional financial system, implementing industry-leading compliance programs will be critical to earning and maintaining the trust of our retail and institutional customers, Grewal said. On this Wikipedia the language links are at the top of the page across from the article title. National Public Radio reported last year on the experience of Lee and other working mothers trapped at home during the coronavirus pandemic. Coinbase acknowledged its latest batch of new recruits but declined to discuss them further. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team. Previously, Grewal was vice president and deputy general counsel at Facebook , and is LexisNexis and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information. [3], Grewal was a former president of the South Asian Bar of Northern California and the Northern American South Asian Bar Association. Latham & Watkins is representing financial advisers on Coinbases direct listing. Several former Coinbase lawyers are now in regulatory positions. How Coinbase's Legal Team Expanded at 'Crypto Speed In his new role, Sabella will Coinbase Growing Mineola firm with national practice seeks associate (with 3-6 years experience) to handle complex general liability matters.Competit CASH KRUGLER & FREDERICKS LLC is Celebrating Our 20th Anniversary & Newest Partners! Chicago-based Katherine Minarik, who most recently served as general counsel of the Americas for Dyson, will be Coinbases deputy general counsel of WebThe chart shows total cash compensation for the COINBASE Associate General Counsel, Consumer in the United States, which includes base, and annual incentives can vary anywhere from $245,459 to $386,885 with an average total cash compensation of $316,172. Growing Mineola firm with national practice seeks associate (with 3-6 years experience) to handle complex general liability matters.Competit CASH KRUGLER & FREDERICKS LLC is Celebrating Our 20th Anniversary & Newest Partners!
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