Sullivan & Cromwell PartnerTo Head Legal at Apollo - Of Course, We Will Be Watching This One
It usually is a coup for a law firm to have its lawyers leap over to power positions in-house in businesses. That can even be the situation if an associate at a firm transitions to a junior in-house role. The joke is that the partners who might have tormented those associates are all sweetness and light as they head to the legal department of a corporation.
Obviously, having former partners and associates in-house can give that law firm an edge in being considered for new business and for discouraging client churn. Those who come in-house know personally that firm's strengths.
Of course, the expectation is that they will be objective in assigning work to law firms.
However there still might be plenty of high-fives at Sullivan & Cromwell. As Reuters Legal details, its head of the invesment management practice - partner Whitney Chatterjee - wll join Apollo as General Counsel in early April, then take the role of Chief Legal Officer in January 2024. In the latter she succeeds John Suydam who migrated from O'Meveny & Myers. He will remain a partner.
It will be interesting to monitor if legal strategies change with Chatterlee's leadership. And what law firms will be representing Apollo.
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