With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? Join team who receives, tracks, investigates, prepares evidentiary presentations, attempts to settle, and, where necessary, litigates litigation and regulatory [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. Our Team Account subscription service is for legal teams of four or more attorneys. Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments. Danas Cohen comes to Coinbase after spending the past two years as general counsel for Velocity Markets Inc., a digital asset startup she left in November. Ive spent my career engaging with policymakers around the world, helping to navigate such complex issues. The XRP community is unimpressed by Coinbases latest crypto advocacy efforts. Finance Magnates recently learned that Christian Sabella, an executive veteran in the fintech industry, has been named by Coinbase, a US-based Cryptocurrency Exchange, as its new Senior Director and Associate General Counsel of the exchanges capital markets division. Los Angeles. 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. Coinbase Worden, a former Paul Hastings associate, spent the past half-dozen years at Walmart, where she was most recently a senior director of program governance and U.S. ethics and compliance. The company saw some lawyers and its former compliance chief depart last fall in the aftermath of a mandate barring political activism in the companys workplace. Paul Singh Grewal is an American attorney working as chief legal officer at Coinbase. Terms of Service. Terms of Service. 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. With Such Low Win Rates, Should Law Firms Respond to So Many RFPs? Grewal didnt respond to a request for comment. Access to additional free ALM publications, 1 free article* across the ALM subscription network every 30 days, Exclusive discounts on ALM events and publications. Armstrong Teasdale corporate services partner Thor Mathison in St. Louis also came aboard as an associate general counsel. Prior to that date Coinbases customers were unable tobuy, Cash were, in general, able to engage in Bitcoin Cash Grewal, a License our industry-leading legal content to extend your thought leadership and build your brand. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Christian Sabella appointed as general counsel for Coinbase Site Map, Advertise| Join team who receives, tracks, investigates, prepares evidentiary presentations, attempts to settle, and, where necessary, litigates litigation and regulatory matters brought against Coinbase. Engage and manage outside counsel to effectively and efficiently represent Coinbase. Cohen has15 years of experience representing traditional financial institutions in cross-border restructuring, financing and litigation matters, as well as experience withemerging growth technology companies. Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments. Both options are priced the same. Coinbases current stock price was $293.45 as of Monday evening. Getting The Talent Balance Right: From Layoffs to Laterals to Mergers, How Can Firms Staff for Success? Tech startup Nillion has scooped up a former in-house legal leader for Coinbase to serve as the companysfirst-evergeneral counsel. WebAverage Coinbase Associate General Counsel yearly pay in the United States is approximately $343,095, which is 195% above the national average. Site Map, Advertise| WIPL is the original global forum facilitating women-to-women exchange on leadership and legal issues. Paul Grewal - Wikipedia Engage and manage outside counsel to effectively and efficiently represent Coinbase. Other Coinbase lawyers have taken roles at company-supported endeavors. As Nillions only in-house 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. Not a Bloomberg Law Subscriber?Subscribe Now. Nicholas Iovino, Judge Grewal Leaves Bench to Join Facebook. License our industry-leading legal content to extend your thought leadership and build your brand. Shirzad, Coinbases new policy chief, will report to Coinbases chief legal officer and corporate secretary, Paul Grewal, hired by the company last year from Facebook Inc. Coinbase disclosed in securities filings this year that Grewal received a total compensation package valued at more than $18 million. Coinbase, which tapped Fenwick & West to advise on the direct listing that took the company public in April, has recently recruited lawyers from the Biden-Harris transition team, bank holding company Capital One Financial Corp., digital asset trading platform OKCoin USA Inc., and retail giant Walmart Inc. 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. On this Wikipedia the language links are at the top of the page across from the article title. Grant Rabenn, who spent the past decade as a federal prosecutor in Sacramento and Fresno, Calif., was hired as an associate general counsel for Treasury Department and Justice Department matters. The San Francisco-based company also hired Molly Abraham this month as an associate general counsel for commercial. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Nillion is a Web3 startup founded in 2021. We're a group of hard-working overachievers who are deeply focused on building the future of finance and Web3 for our users across the globe, whether they're trading, storing, staking The company also brought on product counsel director Kenneth Hwang, associate general counsel for consumer product Lindsay Danas Cohen, associate general counsel for regulatory Meghan King, associate general counsel Samuel Brown, and corporate counsel Jolie Yang in January. 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 Previously, Grewal was vice president and deputy general counsel at Facebook , and is Nillion has hired Lindsay Danas Cohen as GC. Coinbase In his new role, Sabella will lead the cryptocurrency exchanges capital markets legal work. Remote work options are also available. 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. P.C. WebDirector, AGC Corporate at Coinbase San Francisco, California, United States. Union Square Ventures Adds First GC Amid Coinbase Haul (Correct) Law Offices of Gary Martin Hays & Associates McGeorge School of Law, A Conversation with Judge Grewal about IP and the Northern District of California. https://www.law.com/corpcounsel/2020/10/30/coinbase-adds-attorneys-from-google-dyson-to-legal-department/. About Us| Several former Coinbase lawyers are now in regulatory positions. Learn more about a Bloomberg Law subscription. 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. The company disclosed last month that when it does go public it will do so via a direct listing. 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. LexisNexis and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. Counsel We are pursuing many complex investments across our web and mobile, crypto, and climate platforms, Mesele said in a statement about his new general counsel role. Your article was successfully shared with the contacts you provided. Coinbase Associate General Counsel Salaries in the United States Law Offices of Gary Martin Hays & Associates Coinbase disclosed McCullaghs hire along with its addition of deputy general counsel for litigation Katherine Minarik, who recently came aboard after serving as Americas legal chief at Dyson Ltd. OCC Permits National Banks to Enter Stablecoin Arena, Cryptocurrency Exchange Coinbase Picks Direct Listing Over IPO, Wall Street Fumes at 11th-Hour Rule From Trump Bank Watchdog (3), Bitcoin Breaks Records, and the Exchanges Where Its Traded, Coinbase Sued Over XRP Commissions After SEC Pursues Ripple, joined the San Francisco-based company last summer, transforming the future of financial services, some lawyers and its former compliance chief depart, Stripes Melissa Strait, half-dozen lawyers join Coinbase, Cryptocurrency exchange has confidentially filed to go public. Latham & Watkins is representing financial advisers on Coinbases direct listing. Former legal chief Brian Brooks currently leads the Office of the Comptroller of the Currency, where he is reshaping U.S. banking laws. Like all great innovations, change comes with challenges, he wrote. The company also this week announced its addition of a new non-lawyer head of capital markets in Brett Redfearn. "[17] According to the 2022 Proxy Statement, Grewal beneficially owns 767,759 Class A Common Stock.[18]. [3] After working at Pillsbury, Grewal then served as a judicial law clerk for Judge Arthur J. Gajarsa of the United States Court of Appeals for the Federal Circuit. 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. Coinbase advertising its initial public offering at the Nasdaq MarketSite in New York on April 14, 2021. To contact the reporter on this story: Brian Baxter in New York at bbaxter@bloomberglaw.com, To contact the editors responsible for this story: Chris Opfer at copfer@bloomberglaw.com; John Crawley at jcrawley@bloomberglaw.com. 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. 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. P.C. 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. Jade Clemons, a former attorney with Fenwicks flexible working arm, joined Coinbase in September as a commercial counsel. Coinbase Taps Facebook Deputy General Counsel as New Legal Coinbase Global Inc. has brought on four new in-house lawyers in addition to Faryar Shirzad, the chief policy officer whose hire the largest U.S. cryptocurrency exchange announced Monday. Don't miss the crucial news and insights you need to make informed legal decisions. 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. Coinbase declined to discuss individual departures. Learn more about a Bloomberg Law subscription. Katherine Minarik and Milana McCullagh will work with Paul Grewal, a former Facebook lawyer who joined Coinbase as chief legal officer in July. 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. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. ), 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. COINBASE Contact Us| She was most recently general counsel at general counsel for flying car startup Kitty Hawk Inc. To view this content, please continue to their sites. [3] In private practice, Grewal was also a registered patent attorney admitted to practice before the United States Patent and Trademark Office, and he performed re-examinations for his clients, which included independent inventors and companies in the high-technology, biotechnology, medical device, and financial firm/service spaces. [5] While a judge on that court, Grewal sat on the Northern District's Technology Practice and Patent Instructions and Rules Committees. In December, Coinbase filed confidentially for an initial public offering. Both options are priced the same. Its pace of in-house additions accelerated after Grewals appointment, as Coinbase sought to build out a compliance, legal, and regulatory apparatus ahead of a potential public listing. Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. Fenwick, in a practice common among its Silicon Valley brethren, noted in the same filings that individuals and entities associated with the firm beneficially own an aggregate of less than 0.01% of Coinbases capital stock, which will convert to Class B common stock when the company eventually goes public. A company spokeswoman confirmed those numbers, and said in a statement to Bloomberg Law that a strong and diverse legal and compliance team is also a key part of achieving our priority of Coinbase to be the most trusted.. All Rights Reserved. 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! The latters parent company hired Deborah Djeu, vice president of regulatory affairs at cryptocurrency custodian BitGo Inc., as its head of regulatory in April. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. Coinbase Lures More Lawyers In-House After Exchange Goes Public Oct 2019 - Present3 years 6 months. A branded coffee mug at the Coinbase Inc. office in San Francisco. 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. The announcement was made by Coinbasechief legal officer Paul Grewalon the social platform Twitter. Coinbase currently lists on its website openings for at least 10 legal and compliance positions in Berlin, London, New York, San Francisco, and Tokyo. 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. Your article was successfully shared with the contacts you provided. 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? All Rights Reserved. Counsel Office of Chief Counsel Internal Revenue Service Memorandum Number: 202114020 Release Date: 4/9/2021 For example, the cryptocurrency exchange, Coinbase, began supporting Bitcoin Cash on December 19, 2017. Our Team Account subscription service is for legal teams of four or more attorneys. 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. Centre manages USD Coin, an essential part of Coinbase's trading system. As is usually the case, the demand is directed at the largest crypto exchange in the United States, Coinbase. Counsel Sonia Siddiqui, a lawyer and manager of privacy and cybersecurity at accounting firm Grant Thornton LLP, joined that month as privacy lead. a consortium founded five years ago by crypto heavyweights Coinbase and Circle Internet to set standards for blockchain-based financial services, has hired Rebecca Cohen as general counsel. Union Square Ventures LLC, which scored big with an investment in newly public cryptocurrency Christian Sabella (pictured)joins Cryptocurrency company, Coinbaseas senior director and associate general counsel. Brooks, a proponent of transforming the future of financial services, stepped down from the federal banking regulator last month after making a last-minute rule change that unnerved Wall Street. Don't miss the crucial news and insights you need to make informed legal decisions. 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. He was most recently acting director of the U.S. Securities and Exchange Commissions (SEC) Division of Trading and Markets. USV, co-founded by partners Fred Wilson and Brad Burnham, invested $2.5 million in Coinbase back in 2013. National Public Radio reported last year on the experience of Lee and other working mothers trapped at home during the coronavirus pandemic. Lennon didnt respond to a request for comment about the circumstances surrounding her exit. 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. Union Square Ventures LLC, which scored big with an investment in newly public cryptocurrency exchange Coinbase Global Inc., has hired its first general counsel. Chintan Amin, NASABA, Former NASABA President Paul Grewal Appointed Federal Magistrate Judge. 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. WebCoinbase. Your article was successfully shared with the contacts you provided. 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. Customer Service| Coinbase Hires Morgan Stanley Lawyer as It Plans to Go very deliberately, she stated Tuesday in an email. Coinbase Global Inc., the largest U.S. cryptocurrency exchange that expects to go public in April, has brought on veteran Women, Influence & Power in Law UK Awards honors women lawyers who have made a remarkable difference in the legal profession. Shirzad, who started his career as an associate at Robins Kaplan and Skadden, Arps, Slate, Meagher & Flom in Washington, didnt respond to a request for comment about his decision to leave Goldman for Coinbase. Learn more about a Bloomberg Law subscription. (Corrects throughout spelling of Samson Mesele's last name. 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. Coinbases Legal Hiring Spree Continues Despite Defections Coinbase and Circle Internet founded Centre in 2018 to set standards for blockchain [15] On June 14, 2022, Coinbase announced that it would layoff 18% of its workforce. 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.comJohn Hughes in Washington at jhughes@bloombergindustry.com. Coinbase Inc., a fast-growing cryptocurrency exchange eyeing a potential initial public offering, has made another high-profile legal recruit. Isabelle Young, a senior litigation counsel at Google LLC, where the former Simpson Thacher & Bartlett and Cleary Gottlieb Steen & Hamilton associate spent a dozen years at the Alphabet affiliate, was hired by Coinbase in February as a director and associate general counsel for litigation. Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Learn more about a Bloomberg Law subscription. 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. Coinbase and Circle Internet founded Centre in 2018 to set standards for blockchain-based financial services. Senior Director, Associate General Counsel - LinkedIn Centre. Bressack at Facebook worked on the social media giants Libra cryptocurrency project, now called Diem.