Shares trading in private auctions potentially value Coinbase at up to $100 billion. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? Coinbase 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. With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. Upon graduation from law school, Grewal served as a judicial law clerk for Sam H. Bell of the United States District Court for the Northern District of Ohio. In December, Coinbase filed confidentially for an initial public offering. Strait herself is not a lawyer, but her hire by Coinbase was touted by Paul Grewal, a former deputy general counsel at Facebook Inc. who joined the San Francisco-based company last summer as its chief legal officer. Brian P. Brooks - Wikipedia All Rights Reserved. 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? Bressack at Facebook worked on the social media giants Libra cryptocurrency project, now called Diem. I currently manage a team of US regulatory lawyers and licensing specialists with responsibility for regulatory strategy Tech startup Nillion has scooped up a former in-house legal leader for Coinbase to serve as the companysfirst-evergeneral counsel. Coinbases Legal Hiring Spree Continues Despite Defections Both options are priced the same. Contact Us| Coinbase advertising its initial public offering at the Nasdaq MarketSite in New York on April 14, 2021. He also confirmed the recent hires of head of intellectual property Ariana Woods and two associate general counsel, Xiaolin Miranda Ma and Youli Lee. All four lawyers join Shirzad, a global co-head of government affairs at The Goldman Sachs Group Inc. hired by Coinbase to be its top in-house lobbyist. 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. 16 June 2021 Christian Sabella (pictured) joins Cryptocurrency company, Coinbase as senior director and associate general counsel. Contact Us| Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Grewal earned a Bachelor of Science degree civil and environmental engineering from the Massachusetts Institute of Technology in 1993, where he was elected to Tau Beta Pi and Sigma Xi. As is usually the case, the demand is directed at the largest crypto exchange in the United States, Coinbase. Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. 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. Draft and file pleadings and briefs as needed. 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. Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. WebDirector, AGC Corporate at Coinbase San Francisco, California, United States. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. 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. Coinbase touted McCullaghs previous experience working with product, engineering, and business teams behind disruptive technologies like artificial intelligence, Google Maps, and Google Search. We also want to echo the call that Coinbase General Counsel Paul Grewal made asking others in the financial services industry to step up with their own reports. [15] On June 14, 2022, Coinbase announced that it would layoff 18% of its workforce. Not a Bloomberg Law Subscriber?Subscribe Now. Christian Sabella appointed as general counsel for Coinbase Cohen most recently was general counsel at Mark43, a public safety platform. Coinbase is leading the expansion of digital currency into the financial mainstream. Coinbase is building out its stable of in-house lawyers as the company looks to go public. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. The company also this week announced its addition of a new non-lawyer head of capital markets in Brett Redfearn. Coinbase disclosed in securities filings last month that Grewal received more than $18 million in total compensation after being hired from Facebook Inc. Coinbase has tapped Fenwick & West to advise on its direct listing. Coinbase currently lists on its website openings for at least 10 legal and compliance positions in Berlin, London, New York, San Francisco, and Tokyo. Danas Cohen was previously general counsel at Orchard Platform Markets LLC, a lending data and services startup sold in 2018 to Kabbage Inc. She then spent more than two years as legal chief for Velocity Markets Inc., a digital asset startup sold this past November to San Francisco-based Securitize Inc. A trio of other in-house additions joined Abraham and Rooney at the company this month. ), Coinbase Backer Wilson Parlays Fantasy Bet Into $4.6 Billion, Coinbases Whipsaw Debut Takes It Past $100 Billion, Then Back, While Coinbase Savors Listing, Bitcoin Die-Hards Voice Disdain, Coinbase Hits $100 Billion Then Slips in Landmark Crypto Listing, Coinbase Sails Toward $100 Billion Valuation on Crypto Frenzy, Former Wachtell associate Samson Mesele joined USV last month, Venture capital firm recently had $4.6 billion stake in Coinbase. Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments. The industry-leading media platform offering competitive intelligence to prepare for today and anticipate opportunities for future success. 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. WebCarly Nuzbach Lowery, who is based in London, most recently was associate general counsel at cryptocurrency exchange Coinbase. P.C. A stablecoin backed by Coinbase reached $1 billion in market capitalization in July, a month after the company was advised by Fenwick & West on its acquisition of Tagomi Holdings Inc., a cryptocurrency brokerage startup backed by Peter Thiel. The San Francisco-based company also hired Molly Abraham this month as an associate general counsel for commercial. 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. Counsel The hashtag relistXRP is trending again on Twitter. [5] Grewal was approved to join the Board of Directors for Zapproved, an electronic discovery software provider, in July 2021. Don't miss the crucial news and insights you need to make informed legal decisions. Union Square Ventures Adds First GC Amid Coinbase Haul (Correct) Engage and manage outside counsel to effectively and efficiently represent Coinbase. Coinbase and Circle Internet founded Centre in 2018 to set standards for blockchain-based financial services. Your article was successfully shared with the contacts you provided. The company for the past year has been expanding its legal staff under chief legal officer Paul Grewal, who joined the company last summer. Oct 2019 - Present3 years 6 months. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? Customer Service| Salary information Union Square Ventures LLC, which scored big with an investment in newly public cryptocurrency exchange Coinbase Global Inc., has hired its first general counsel. Your article was successfully shared with the contacts you provided. Senior Director, Associate General Counsel - LinkedIn Our Team Account subscription service is for legal teams of four or more attorneys. Predictive reporting, trend analysis, peer guidance and a practical playbook to help genetal counsels succeed in their increasingly high stakes roles as risk managers and corporate strategists. 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. 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! Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. Coinbase currently lists over 20 in-house legal and compliance jobs on its online careers page, including several associate general counsel roles and head of legal and compliance chief positions in Japan. 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! 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. WIPL is the original global forum facilitating women-to-women exchange on leadership and legal issues. Access to additional free ALM publications, 1 free article* across the ALM subscription network every 30 days, Exclusive discounts on ALM events and publications, Tech startup Nillion has scooped up a former in-house legal leader for Coinbase to serve as the companysfirst-ever. Coinbase Taps Facebook Deputy General Counsel as New Legal Paul Singh Grewal is an American attorney working as chief legal officer at Coinbase. To view this content, please continue to their sites. https://www.law.com/corpcounsel/2021/05/10/how-coinbases-legal-team-expanded-at-crypto-speed-navigated-public-debut/. [3] After his clerkship, he joined the law firm of Pillsbury Winthrop Shaw Pittman LLP (then known as Pillsbury, Madison & Sutro LLP), primarily practicing complex commercial litigation. Janice Payne, head of supervisory affairs at CLS Group Holdings AG, a financial institution that serves the foreign exchange market, was hired by Coinbase in August as director of regulatory compliance. All Rights Reserved. Join Corporate Counsel now! Coinbase, which has said publicly it will permit its employees to work remotely even after Covid-19 lockdowns have been lifted, also added Ma as an associate general counsel this month from her role as head of legal for OKCoin USA. Both options are priced the same. Both options are priced the same. Coinbase has expanded its legal department rapidly since becoming a publicly traded company in April 2021. is the international magazine, in English, that covers legal and inhouse affairs in the United States, through experiences beyond Italys borders to reach overseas destinations and all over the world. [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. 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. The crypto consortium Centre has hired Rebecca Cohen as general counsel. Previously, Grewal was vice president and deputy general counsel at Facebook , and is As part of its going-public process, Coinbase disclosed some potential legal liabilities it faces from state and federal probes of its operations. 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. Coinbase 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 Coinbase landed Valerie-Leila Jaber, a former managing director for financial crime compliance at Credit Suisse AG, in June as global head of anti-money laundering. Work collegially and supportively with other members of 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. Predictive reporting, trend analysis, peer guidance and a practical playbook to help genetal counsels succeed in their increasingly high stakes roles as risk managers and corporate strategists. USV, co-founded by partners Fred Wilson and Brad Burnham, invested $2.5 million in Coinbase back in 2013. As Nillions only in-house lawyer at the moment, Lindsay Danas Cohen plans to build the legal team very deliberately, she stated Tuesday in an email. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! 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-Backed Standards-Setting Consortium Appoints General 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. 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. Mesele is the second former Wachtell associate to take a general counsel job in the financial services world in recent weeks. The company has also sought to bring on lawyers with regulatory ties, picking up chief of staff and counsel for trust and risk Hermine Wong in February after she served as special counsel in the Securities and Exchange Commissions offices of structured disclosure and chief counsel. 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. In the nine months that Paul Grewal has held the title of chief legal officer at Coinbase Global Inc., the legal department has more than doubled in size and the company has gone all-in on remote working while making history as the first major cryptocurrency firm to go public. WebAfter working at Fannie Mae, Brooks was Chief Legal Officer of Coinbase from 2018 to 2020. 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 All Rights Reserved. Contact Us| 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. Copyright 2023 ALM Global, LLC. Ross Todd, The Recorder, Judge Grewal to Leave Bench for Facebook. Centre manages USD Coin, an essential part of Coinbase's trading system. Coinbases Direct Listing Is Said to Be Pushed Back to April, Coinbase Agrees to Pay $6.5 Million to Settle CFTC Data Probe, Coinbase Is Said to Be Valued at $90 Billion in Private Auction, Coinbase CEO Could Get More Than $1 Million Per Day After IPO, Wall Street Set to Learn How Tough Bidens Watchdogs Will Be (1), backed by Alphabet Inc. co-founder Larry Page, Crypto exchange adds Ian Rooney as enterprise compliance head, Kitty Hawk general counsel among handful of new legal recruits. Senior Counsel, Litigation - Remote.co Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. [4], Grewal is the former president of the National South Asian Bar Association. 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! Previously, Grewal was vice president and deputy general counsel at Facebook, and is also a former U.S. magistrate judge for the United States District Court for the Northern District of California. Union Square Ventures LLC, which scored big with an investment in newly public cryptocurrency Paul Grewal - Wikipedia Christian Sabella appointed as general counsel Your article was successfully shared with the contacts you provided. Coinbase Associate General Counsel Salaries in the United States Los Angeles. Coinbase Adding Lawyers, Taps New Compliance Chief