Last month, David Elsberg, a founding member of Selendy Gay Elsberg, announced that he was leaving the elite boutique to start his own firm, Elsberg Baker & Maruri, in partnership with his former Quinn Emanuel colleagues, Rollo Baker and Silpa Maruri.
Elsberg’s new firm formally launched earlier this week, and he took two additional Selendy Gay partners with him. Bloomberg Law has the details:
Michael Duke and Vivek Tata are joining Elsberg at Elsberg Baker & Maruri, which launched Wednesday. The firm will do plaintiff and defense work and expects to handle five trials and arbitrations this year, Elsberg said in an interview. …
“We’re excited to have our first spin-off firm,” Selendy Gay founding partner Faith Gay said in an interview. She hopes to collaborate with the new firm as Selendy Gay does with others on complex legal matters, she said.
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Elsberg went on to tell Bloomberg that the firm hopes to bring on board 14 associates within the next two months, and that a seven-year promotion track will be used to elevate associates to equity partnerships. Partners will in turn receive modified lock-step compensation, based on seniority and rank (with more money offered depending on business origination).
Best wishes to Elsberg Baker & Maruri as the firm sets off on a path to great success.
Wall Street Litigation Firm Launches With Selendy Gay Recruits [Bloomberg Law]
Earlier: Selendy Gay Elsberg Announces Name Change As Founding Partner Leaves To Start His Own Firm
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Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter and Threads or connect with her on LinkedIn.