LORI LESSER IS a fast talker. Really fast. An intellectual property litigation partner in Simpson Thacher & Bartlett’s New York office, she could conceivably bill twice as many hours a year if she spoke as slowly as the average person back home in Houston. But then again, if she slowed down, she wouldn’t be able to keep up with the torrent of IP work created by Simpson Thacher’s huge private equity deal flow.
In the past few months alone, Lesser has overseen the carving-out of 25,000 patents from Royal Philips Electronics N.V.’s semiconductor unit into a stand-alone company and worked on IP matters for the Blackstone Group L.P.’s $3.3 billion acquisition of the pharmaceutical technologies and services business of Cardinal Health Inc., as well as its $4.3 billion acquisition of Cendant Corp. subsidiary Travelport.
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