Press Release January 19, 2005

Goodwin Procter Adds 24 Partners: Partners join from Testa, Hurwitz & Thibeault and McDermott, Will & Emery

Significantly Expands Technology Companies Practice; Deepens Life Sciences, Intellectual Property, Securities Litigation and White Collar Crime Capabilities

BOSTON, January 19, 2005 – Goodwin Procter LLP, one of the nation’s leading law firms with 575 attorneys, today announced the addition of 24 partners to its Boston office. Nineteen of the partners join the firm from Testa, Hurwitz & Thibeault, and five of the partners join the firm from McDermott, Will & Emery.

The majority of the partners joining the firm specialize in serving clients in the technology industry, with 10 of the new partners focusing exclusively in this space.

“These are some of the finest attorneys serving clients in the technology industry today,” said Regina M. Pisa, chairman and managing partner of Goodwin Procter. “Goodwin Procter’s long-term strategy is built upon a framework of strategic investment in key practices, such as technology companies, a balanced practice mix, and geographic growth. The addition of these 24 partners to our firm is a dynamic combination which creates a powerful platform from which to better serve our clients and clearly supports our overall strategic objectives.”

The new partners include former chairs and co-chairs of Testa’s Mergers & Acquisitions, Corporate Finance, Life Sciences, Securities Litigation and White Collar Crime practice groups. All of the partners from McDermott, Will & Emery are returning to Goodwin Procter – four of the five began their careers at the firm, including John Egan, global head of McDermott’s Private Equity/Emerging Companies Group.

“In addition to technology, we are committed to growing our life sciences practice in Boston,” said Pisa. “The backgrounds of our new life sciences and intellectual property partners, including many with chemistry, biochemistry and mechanical engineering degrees, is consistent with the requirements of this market.” 

Eighteen partners are joining Goodwin Procter’s Business Law Department and six partners are joining its Litigation Department. The firm expects to hire a number of associates as well.

The new Litigation partners bring significant expertise in securities litigation, white collar crime, and intellectual property, which will further advance Goodwin Procter’s existing practices in these areas. 

“We are honored to welcome attorneys of this caliber and national reputation to the firm,” said Pisa. “The extraordinary amount of experience these partners bring to Goodwin Procter will transform our firm into a literal powerhouse in many of our strategic focus areas.”

Goodwin Procter developed a long-term strategic plan which it has been executing against since 2001 which focuses primarily on four overall goals: (1) expand in its key geographic markets – Boston, New York and Washington, DC – and explore new ones, primarily on the West Coast; (2) establish dominance within its areas of strategic practice focus – private equity & technology companies, intellectual property, financial services, real estate capital markets, and products liability – allowing the firm to move quickly when opportunities arise and creating critical mass to bring a depth of resources to its clients; (3) foster innovation within the firm and encourage and support the development of new practices, technologies and services; and (4) maintain a balanced practice mix that ensures the firm’s ability to weather economic cycles and market shifts.

As part of this growth initiative, the firm recently announced its combination on October 1, 2004, with Shea & Gardner, a premiere litigation firm, in Washington, DC. As a result of this combination, Goodwin Procter’s Washington office stands at 85 attorneys today. In addition, the firm has grown its New York office from 10 attorneys in 1999 to more than 100 currently.

“We are not a firm that is interested in expanding for expansion’s sake, nor are we interested in being the largest, or having the most offices,” said Pisa. “Our goal is to remain rigorously focused on those things which matter to our clients and impact our ability to serve those clients and to provide our people with continued opportunity for challenging work and career advancement.”

About Goodwin Procter LLP
Goodwin Procter LLP is one of the nation’s leading law firms. The firm’s core areas of practice are corporate, litigation and real estate, with specialized areas of focus that include private equity & technology companies, intellectual property, financial services, REITs and real estate capital markets, and products liability. Goodwin Procter is headquartered in Boston, with offices in New York, New Jersey and Washington, DC.