David Haber ()
In another sign of surging competition for corporate tech partners in New York, Wilmer Cutler Pickering Hale and Dorr has brought on David Haber, a former partner at Lowenstein Sander.
Haber, 45, joined Wilmer last week as a partner. He previously practiced in Silicon Valley at Weil, Gotshal & Manges before moving to Lowenstein’s New York office in 2005.
Haber has advised companies and investors through a life cycle of transactions, handling formations, venture capital and angel financing deals as well as mergers and acquisitions. He has represented clients such as digital media firm Collective, analytics company Integral Ad Science Inc. and financial tech firm Novus Partners.
Haber said Wilmer offered a compelling opportunity for his own practice, citing the firm’s related practices such as cybersecurity, regulatory and capital markets and IPOs.
New York has seen a recent flurry of corporate tech laterals. Silicon Valley firm Fenwick & West, which opened a Manhattan office last year, has hired Ethan Skerry, another Lowenstein partner, while Lowenstein lured Benjamin Burkhart away from Morgan, Lewis & Bockius.
Mick Bain, co-chair of Wilmer’s corporate practice, said he has seen more competition among firms in this area due to increasing activity in startups and venture investing. “It’s a priority for us to continue to invest in New York,” he said.
Although startup clients may start off with lower fees, Bain said many of the clients that the firm has taken public over the last few decades or has advised in M&A deals began working with Wilmer when they were startups. “We take a very long view of working with startups,” he said. “Over time, enough of those become successful businesses.”