All posts by Mike Evers

Baxter/Baxalta: securities counsel (update: filled)

Congratulations Lenin Lopez!  Lenin’s pedigree (Berkeley JD) and bulls-eye experience in the same role with Care Fusion is an ideal fit.

Baxter Healthcare has exclusively engaged Evers Legal to recruit a securities attorney (5 to 8 yrs experience ideal) for a newly created Corporate Counsel position.  The BioSciences unit of Baxter is preparing to spin-out as a separate publicly traded company: Baxalta.  This new hire will handle 10-K, 10-Q, 8-K, annual proxy statements and related responsibilities for Baxalta, reporting to the Corporate Secretary.  Baxalta will be based in Bannockburn, but the new hire will onboard with Deerfield based Baxter in advance of the spin-out.

We are pursuing top of market securities focused associates at major law firms who are seeking to make their first move in-house.  This is an ideal, extremely well compensated opportunity for candidates who meet that core description.  Of course, we also welcome (understatement) in-house securities attorneys who may be in the market for a lateral opportunity.  For further information, please email:  mike@everslegal.com.  Thank you.

Baxter/Baxalta, Sr. Counsel (M&A), update: filled

Congratulations Grant Riedesel!  Grant rose to the top of a very competitive field of outstanding M&A candidates.  Grant cut his teeth at Kirkland & Ellis and Ropes & Gray.  This is his first in-house position.

Evers Legal has been exclusively engaged by Baxter to help fill a newly created Senior Counsel position serving the BioScience side of the company — which will be spun-out later this year as a separate publicly traded company named Baxalta, to be headquartered in Bannockburn, IL.

We are seeking highly qualified attorneys with major law firm M&A experience.  In-house experience a plus, but not required.  The role includes supporting the core BioScience business as well as Baxter Ventures, which invests in early-stage healthcare firms.  Ideal candidates will be 6+ years out of law school.    Compensation is strong and includes significant equity. More 

Baxter, Senior Counsel (M&A), Boston

Evers Legal has been exclusively engaged by Baxter to help fill a newly created Senior Counsel position, to be located in the company’s new Cambridge, MA research facility serving the BioScience side of the company — which will be spun out in late 2015 as Baxalta.

We prefer candidates who are local to the Boston area… seeking highly qualified attorneys with major law firm M&A experience.  The role includes supporting the core BioScience business as well as Baxter Ventures, which invests in early-stage healthcare firms.  Ideal candidates will be 6+ years out of law school.  In-house experience desirable but not required.  This opportunity is ideal for a senior law firm associate or junior partner who wants to make the right move into an in-house career.  Compensation is strong and includes significant equity.

Daily activities will include licensing, business development support, outside counsel management on deal work, and strategic counseling to the R&D team.  Position will report to a senior level attorney at Baxter HQ in Deerfield, IL (north suburban Chicago), and travel to Baxter HQ will be required.

This is a uniquely exciting opportunity… you will be well positioned as a key player as the BioScience division of Baxter becomes a separate publicly traded company (Baxalta) next year.  Call Mike Evers at 312-225-1144 with any questions or email your resume to mike@everslegal.com

Commercial Contracts (Chicago area)

Our law department clients in Chicagoland are once again showing an appetite for experienced commercial generalists with in-house experience who are open to working via our secondment service offering.  In a nutshell, we pay better than ordinary “contract attorney” staffing firms in order to get the best available attorneys in this category.  We are particularly interested in candidates who want to work in distant suburbs, such as Naperville to the west and Lake Forest to the north.  Please send a resume and call us for a conversation about our non-traditional placement opportunities.  A significant percentage of our secondments have turned into direct hire placements, although we can never guarantee that outcome.

3 Big reasons for headcount growth in 2015

CultureFitJan15-smallThe conditions for law department growth have never been better. So, if you are going to lobby your CEO for additional headcount, this is the year to do it.

Companies are always cautious about expanding law department headcount. But the three drivers required for hiring are all in place:

  1. Revenue growth.
  2. Employee growth generally.
  3. A continuing desire to reduce outside legal spend and bill analysis, supporting greater use of in-house counsel. More 

Santa’s helpers: recommendations for your law department

CultureFitDec14Ho ho ho. We used to come bearing holiday gifts at this time of year. But Sarbanes-Oxley pretty much squashed corporate gift giving. In 2012, a client even resisted the delivery of customized M&Ms onto which we put the client’s logo, worried it might violate the company’s gift policy. Accordingly, Evers Legal abandoned holiday gift giving all together.

But this is not a “bah humbug” column, and I assure you that I’m not Scrooge. So, instead of candy, I will now spread good cheer in the form of high quality recommendations you can use in 2015. You are all excellent at selecting outside counsel and don’t need me to make additional suggestions on that front. But there are other services that you use, or from which your company can truly benefit, with less frequency. And when you use these kinds of very specialized services, you really want to get it right. More 

Congratulations Susan Hallsby

We are pleased to thank and congratulate Susan Hallsby on winning a long-term assignment with the law department of Hub Group, the Oak Brook based transportation industry leader.

Susan is an in-house veteran with a wide range of commercial experience, including contracts, transactions and litigation management.  Her previous employment includes Dow Chemical, and Assistant General Counsel with OSI Industries.

Call us at 312-225-1144 to talk about how we can bring the right resource (on our payroll or direct hire) to your company.

Crain’s article: M&A impact on in-house counsel positions

Hmm… I think I come across a bit grouchy. We do, after all, work with a lot of in-house counsel who are displaced post-merger and I do feel the pain from folks who do not land softly and quickly. But there really is a huge glass half full element here: Companies truly like candidates in this situation, because the reason for seeking new employment is very “clean” and completely unrelated to performance or perceived dissatisfaction.

Anyway, it’s always fun to be quoted in Crain’s and, most importantly, I do think this is an important topic worthy of discussion.