Covington, Steptoe Form New Groups Amid Demand in Regulatory, Enforcement Space

"We're handling more trade controls investigations than we ever have before," said Eric Sandberg-Zakian, chair of Covington's trade controls enforcement practice group.

September 27, 2024 at 03:06 PM

4 minute read

Regulation

By Abigail Adcox

What You Need to Know

Both firms are formalizing the new practice groups following client demand in the spaces.
Chair of Covington's trade controls enforcement practice group Eric Sandberg-Zakian said there are an increasing number of trade controls investigations.
Steptoe is seeing more traditional financial services institutions looking to experiment in the fintech space.

Two large Washington, D.C., law firms have formalized new regulatory and enforcement groups, betting that client demand will keep up in these practices even after the presidential election.

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