Lowenstein Adds Technology, Marketing and Pricing Professionals
"We're in a much more sophisticated and in some ways complicated business than we were a decade ago," managing partner Gary Wingens said.
June 04, 2019 at 06:00 AM
5 minute read
In a series of hires that its managing partner describes as “a continuation of the mandate” to “up our operations game,” Lowenstein Sandler has brought aboard three professionals, including one in an expanded technology and innovation role and another in a new pricing and profitability role.
As of Monday, Victor Barkalov joined the firm as chief innovation and information officer, and Kevin Iredell joined as chief marketing officer.
Another recent addition, as of early May, was Mikhail Makarovsky, who occupies a new position at the firm: director of pricing and profitability.
Barkalov previously was chief information officer and chief digital officer at Jackson Lewis. Iredell came from Stroock & Stroock & Lavan, where he was director of business development. Makarovsky previously was director of pricing at Norton Rose Fulbright.
Iredell also spent years as vice president of legal intelligence and marketing at ALM Media, parent company of the Law Journal and its affiliates.
The three are based in the firm's New Jersey main office, in Roseland.
The moves come about a year and a half after Lowenstein Sandler hired Joseph Palermo as its first chief operating officer.
“We're in a much more sophisticated and in some ways complicated business than we were a decade ago,” managing partner Gary Wingens said in a phone interview Monday, joined by Palermo. “The lawyers here require a business services group and senior management team” with deep expertise in their fields, Wingens added.
Barkalov and Iredell fill positions vacated by departures earlier this year.
For Barkalov, however, the role is expanded to include an “innovation” function, not just information-technology, Wingens and Palermo said, noting that Barkalov will be tasked with focusing on more than just technology infrastructure. He'll oversee an effort to more fully virtualize technology functions via managed services, they said. Data security and legal research strategy also will be among his responsibilities.
“Law firms should be getting out of the business of managing their own IT infrastructure,” said Palermo, who had been with K&L Gates prior to joining Lowenstein in January 2018.
Makarovsky is tasked with using analytics to help the firm's lawyers set prices, particularly for work billed on alternative arrangements, and will interact with clients.
Palermo described the job as “working with our partners to find the right way to price the work.”
Wingens estimated that more than 20% of Lowenstein's legal work already is done on alternative fee arrangements, especially in the intellectual property and litigation practices. Those arrangements include flat fees, milestone pricing in litigation, and shared- and full-contingency agreements, he said.
“We believe we have been very responsive to client asks on that, but our responses were not always based on the best analytics, “Wingens said.
Palermo added, “Almost every client is asking how much something is going to cost. We're trying to get out in front of that rather than just have our partners quote an estimate.”
Wingens declined to discuss individual compensation levels for the three recent hires, but said “it costs money” to bring in specialists, and so budgeting was required.
“We are investing more in what we call our business services group,” Wingens said. “We do need much more specific skill sets.”
Barkalov, Iredell and Makarovsky gave statements in a release issued by the firm.
Barkalov said clients “want reliable and repeatable processes that assure them that their lawyers are not reinventing the wheel, but they also want those lawyers to continue looking for innovative ways of doing things.”
Iredell said: “In addition to working closely with the lawyers on business development through cross-selling and innovation, I look forward to developing relationships with the firm's clients. It is critical that a CMO listen to the voice of the client in order to accurately assess their needs and how best to serve them.”
Makarovsky said he looks forward to “working with this multidisciplinary team to assess processes, analyze data, and develop fresh approaches that provide even more efficiency and value to clients.”
Trish Lilley, chief marketing and business development officer at Stroock, said Iredell's move to Lowenstein was “a fantastic opportunity for him.” Iredell joined Lilley at Stroock in July 2018 and prior to that worked with her for a few months at Fox Rothschild. “It was terrific to have him partnered with me” in building the marketing and business department at Stroock, Lilley said of Iredell.
Jackson Lewis and Norton Rose were invited to comment on the departures of Barkalov and Makarovsky, respectively, but didn't immediately respond.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllAppellate Div. Follows Fed Reasoning on Recusal for Legislator-Turned-Judge
4 minute readChiesa Shahinian Bolsters Corporate Practice With 5 From Newark Boutique
5 minute read'A Mockery' of Deposition Rules: Walgreens Wins Sanctions Dispute Over Corporate Witness Allegedly Unfamiliar With Company
Trending Stories
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250