WilmerHale’s lawyers leapt into action to provide clients with vital resources and actionable guidance following the sudden collapse of Silicon Valley Bank (SVB). In an article by The American Lawyer detailing the legal industry’s response to the crisis, Partner Franca Harris Gutierrez, chair of the Financial Institutions Practice and co-chair of the Securities and Financial Regulation Practice, attributed WilmerHale’s rapid response to the firm’s interdisciplinary approach and unparalleled breadth of expertise. Gutierrez, who spearheaded the firm’s response, is a leader of WilmerHale’s newly-formed Bank Crisis Task Force.
Excerpt: Wilmer Cutler Pickering Hale and Dorr drew on expertise across its financial institutions, regulatory, tax, labor and corporate practices. Given its base of former government lawyers and regulatory experts, the firm had an “instinct” as to how the crisis might unfold, according to Franca Harris Gutierrez.