Wachtell, Lipton, Rosen & Katz has appointed new firm co-chairs, tapping litigator William Savitt and corporate partner Andrew Nussbaum to lead one of the country’s most unique and profitable law firms.
The duo will replace former co-chairs Ed Herlihy and Daniel Neff, who are stepping down after the leading the firm since 2006. They will remain on the firm’s executive committee, the firm confirmed on Tuesday.
Savitt represented Twitter (now X) in its Delaware Chancery Court battle that forced Elon Musk to purchase the social media site for $44 billion. He also has represented Coinbase in a case brought by the US Securities and Exchange Commission. He joined Wachtell in 2000 and also serves as the firm’s co-chair of litigation.
Nussbaum has been a corporate partner at Wachtell for nearly 25 years, after first joining the firm in 1993. This year, he advised Salesforce in affairs including its defense against an activism campaign by Elliott Management and its cooperation agreement with ValueAct Capital. Nussbaum’s recent deals include Denso Corporation and Mitsubishi Corporation’s $1 billion investment in part of Coherent Group’s business announced in October, and DISH Network in its all-stock merger with EchoStar Corporation, announced in August.
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