WASHINGTON--(BUSINESS WIRE)--Executing on its long-range strategic plan, Lowenstein Sandler LLP announced today that David L. Elkind has joined the firm as a partner in its Washington, DC office. Elkind, an insurance coverage litigator with more than 25 years of experience, is the latest addition to the firm’s growing insurance recovery group.
Elkind brings extensive trial experience to the firm, as well as a number of current clients in the energy and public utilities sector. Elkind has recovered more than a billion dollars for his clients over his career. Joining Elkind in the move to Lowenstein is an associate from his prior firm.
The welcomed addition of Elkind is consistent with Lowenstein’s strategic plan of “doubling down” on targeted practice groups where the firm has strength and sees opportunity. In the past year alone, the firm has added four insurance recovery partners, two counsel, associates, and is seeking to further expand in this area. The move also dovetails with the firm’s commitment of growing the strength of its Washington, DC office, founded within the past year. Since its opening less than a year ago, the firm’s Washington, DC office has grown substantially and now has capabilities in antitrust, insurance recovery, litigation, derivatives and venture capital transactions.
Elkind joins an insurance recovery group led by Lynda Bennett that has a deep level of experience and significant infrastructure in place to facilitate his practice. The firm’s commitment to expanding in this area includes an active “cross-selling” program to existing clients by appropriate practice groups. Under the leadership of Gary Wingens, Lowenstein has grown revenue by more than 25% since 2009.
What Made Lowenstein Attractive to Elkind:
Elkind was drawn to Lowenstein for a number of reasons, including:
- The firm’s strategic plan to building a first-tier insurance coverage practice;
- The level of expertise and existing infrastructure in the current practice group;
- The firm’s commitment to representing exclusively corporate policyholders;
- The active “cross-selling” that takes place at the firm which encourages creativity within the partnership;
- The firm’s entrepreneurial mind-set which encourages innovation and creativity; and
- The firm's demonstrated commitment to growing its Washington, DC office.
What Made Elkind Attractive to Lowenstein:
The firm was attracted to Elkind for a number of reasons, including:
- His extensive expertise in insurance coverage litigation;
- His significant first-chair trial experience;
- His loyal list of existing clients, some of whom he has worked with since 1988; and
- His long history of mentoring young attorneys, many of whom are now partners at significant law firms.
Commentary:
Elkind, who is joining Lowenstein as a new partner, comments:
- “Lowenstein clearly intends to continue to build upon its first-rate insurance coverage practice, and is committed to taking the necessary steps to make this happen.”
- “The environment at Lowenstein is perfectly suited to my practice – the firm is oriented toward exclusively representing policyholders and has been highly successful in deepening client relationships by offering a wide variety of high quality legal services to existing clients.”
- “I’m very excited by the caliber of people I’ve met at the firm, some of whom I’ve known for many years. There is a ‘gung-ho’ attitude among the partners that you don’t typically see at firms of this quality.”
Lynda Bennett, who leads Lowenstein’s insurance recovery group, comments:
- “David Elkind is just the kind of litigator we are seeking for our expanding insurance recovery practice – trial experience, deep subject matter knowledge, and a roster of wonderful clients.”
- “We are very pleased that David recognized the value and platform that Lowenstein offers to a partner of his skill level and with such an impressive book of portable business. We think this reflects well on our insurance recovery practice, and on Lowenstein as a whole.”
Gary Wingens, Managing Partner at Lowenstein, comments:
- “Consistent with our strategic plan, we are committed to growth in our insurance recovery practice. David is a ‘plug and play’ acquisition for us in this space.”
- “We believe that Lowenstein has created an extremely attractive platform for those in insurance coverage, and we anticipate continued steady growth in this practice – in our Washington, DC office and elsewhere.”
About Lowenstein Sandler LLP
Lowenstein Sandler LLP is a leading national law firm. The firm’s 300 lawyers in New York, Washington, DC, New Jersey and California immerse themselves in their clients’ industries in order to deeply understand their businesses. Lowenstein is characterized by its passion for its clients’ success, commitment to its people, and its pro bono and public interest work in the communities that it serves. For more information, please visit www.lowenstein.com.
