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Orrick, Herrington & Sutcliffe LLP said Tuesday it has launched a Social Sector Finance (SSF) practice group.
Orrick’s SSF practice group focuses on the areas of microfinance, education, water, health, energy and housing. The firm said despite the importance of access to these services, funding for SSF organizations is often difficult to obtain, structure and invest in.
“Our long-standing pro bono work has allowed us to leverage and expand our knowledge and capabilities as well as develop relationships with non-governmental organizations and governmental agencies involved in SSF sectors,” said Cam Cowan, senior partner for the Transactional Division and a member of Orrick’s Executive Committee. “Through our prior pro bono work, we have discovered that few law firms operate in this space, and we view this as a unique opportunity for us to better support organizations pursuing SSF objectives.”
SSF – also known as Sustainable Investment or Socially Responsible Investment – is unlike traditional finance in that it has a “triple-bottom line” investment approach, the firm said. This means that SSF is geared towards achieving the investment objectives of financial return; social return; and environmental return.
SSF clients focus on building scalable, sustainable solutions for individuals and companies throughout the world.
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Orrick has represented SSF clients in a wide range of pro bono. Since 2003, the firm has worked with leading SSF organizations including Calvert Foundation, CHF International, Enzi, Vittana, Water.org, MercyCorps and Kiva, and it currently represents a significant number of the largest and most active SSF organizations globally on both a pro bono and a paying basis. The firm also represents various SSF funds, capacity-building organizations, foundations and other key stakeholders.
Orrick, Herrington & Sutcliffe LLP is a global law firm with more than 1,100 lawyers in North America, Europe and Asia.
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Departures from a law firm are complicated for any attorney, but for a partner the details can be quite intricate. Please note: First and foremost, the interests of your clients should be absolutely paramount. Consultation with existing ABA and state bar guidelines on firm transition is suggested. Below you will find a list of important considerations for partners when changing firms. You will also find suggested practices for maintaining relationships, as well as obligations from a legal and moral perspective. Before You Begin to Meet with New Firms It’s important to review any existing employment agreement with your former firm to make sure you are in compliance with all provisions (pay particular attention to provisions regarding notice). Practice discretion with your existing firm until you [...]
May 23, 2013 Read More