McKee Nelson has hired away Joyce Gorman, a municipal capital markets attorney, from Cadwalader, Wickersham & Taft where she was special counsel. Gorman, who joined the firm as a partner, will practice in the municipal financial products group. She mainly focuses on tender option bond programs, developing municipal derivatives, and large, complex structured transactions.
“It is complicated, but that’s what makes it fun,” says Gorman, who says she wants to help build the practice at McKee.
Heavily invested in the structured finance practice, McKee Nelson has felt the sting of the recent disruptions in the market, even to the point of having to cut associates. But William Gray, a partner in Gorman’s group, says that even though no market has escaped the credit crunch, business has been picking up for their group because clients need advice about where to go from here.
“In this market environment what we’re seeing is that a lot of our clients are seeking us out because they need very, very experienced people,” says Gorman.