X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Flush from winning a conviction against former WorldCom CEO Bernard Ebbers, Assistant U.S. Attorney David Anders said he’s not planning on switching sides to high-paying white-collar defense work — at least not yet. But Anders, with a guilty verdict against Ebbers for accounting fraud, in addition to his work in the government’s win against former Credit Suisse First Boston investment banker Frank Quattrone last year, most likely could take his pick among the bounty of firms with corporate governance and white-collar practices. Anders, a 1994 graduate of Fordham University School of Law, has worked for the U.S. Attorney’s Office for the Southern District of New York for more than six years, a healthy stint for most federal prosecutors, Anders said, adding that moving is possible: “I’m thinking about it, but not right now.” As a white-collar defender, Anders would join legions of federal prosecutors who opt for corporate defense work after a few years with U.S. Attorney’s Offices. Indeed, the lead counsel working with Anders in the Quattrone case, former Assistant U.S. Attorney Steven Peiken, is now of counsel with Sullivan & Cromwell. Quattrone was convicted of obstruction of justice and witness tampering. In addition, Anders’ former boss, Mary Jo White, who served as the U.S. Attorney for New York’s southern district, now is a partner at Debevoise & Plimpton. And the attorney representing Ebbers, Reid Weingarten, also is a former federal prosecutor. He is now a partner with Steptoe & Johnson in Washington. The amount of experience Anders has as an Assistant U.S. Attorney puts him in “the sweet spot” for making a transition to private practice, said former federal prosecutor Jonathan Polkes, a corporate governance attorney at Cadwalader, Wickersham & Taft. Anders has worked as a prosecutor long enough to get the A-list cases, Polkes said, but he hasn’t stayed too long. Prosecutors become less attractive to law firms if they remain at their government jobs beyond a few years, an indication that they won’t fit in with the “Darwinian environment” of law firms, he said. For now, he is catching up on e-mail and fielding phone calls. He views his win against Ebbers, convicted of orchestrating an $11 billion accounting fraud, “without much revelry,” he said.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.