Law firm McKee Nelson LLP is expanding its operations with the addition of six partners who will be focusing on litigation defense. The new group is expected to complement McKee Nelson's capital markets practice. Led by Jeffrey Smith and including Steven Brody, Susan DiCicco, Scott Eckas, Michael Gordon, and Jennifer Hurley McGay, the new business litigation partners come to McKee from the New York office of King & Spalding. When fully staffed, the group will be composed of about 25 lawyers and will increase the number of McKee Nelson lawyers to more than 200.
Reed Auerbach, managing partner of McKee Nelson's New York office and a leader of the firm's capital markets practice, noted, "A huge portion of the U.S. economy is financed by complex securities transactions. They almost always work as anticipated, but in those rare cases in which a deal goes wrong, the cost to the participants can be enormous. Successfully managing a problem transaction requires experienced litigators who also have a deep understanding of both the capital markets and complex transactions. Our new partners have those unique qualifications."