Gibson, Dunn & Crutcher offices in Washington, DC. Credit: Diego M. Radzinschi/ ALM

Nicola Hanna, the former Gibson, Dunn & Crutcher white-collar partner who's now leading the U.S. Attorney's Office in Los Angeles, reported a $3.7 million partnership share, according to documents the U.S. Office of Government Ethics posted this week.

Hanna, a Gibson Dunn partner since 1998, identified his anticipated partnership share—which he would receive by January 2019—at between $1 million and $5 million.

U.S. attorney nominees and other executive agency picks are required to file publicly reviewable financial disclosures, documents that offer a window to compensation schemes at some of the country's largest law firms. Hanna's reported $3.76 million partnership share would have included 2017 and 2016, according to the rules for disclosing income amounts.

Hanna's disclosure estimated the value of his Gibson Dunn capital account and insurance reserve at between $250,000 and $500,000. Hanna said he would receive a lump sum payment of his capital account within 90 days following his withdrawal from the firm.

Gibson Dunn's partnership agreement requires Hanna to “leave his professional liability insurance reserve with the firm for three years after his resignation, after which he will receive a lump sum refund of the insurance reserve account,” according to the disclosures.

Nicola Hanna.

Hanna said he would divest interests in Gibson, Dunn & Crutcher LLP Partners Investment Funds “upon confirmation and prior to assuming the duties of his position as United States attorney,” according to an ethics agreement that was also released this week.

Gibson Dunn has continued to see revenue growth, for the 22nd straight year, according to a report in February from ALM affiliate The American Lawyer. The report said profits per equity partner dipped to $3.24 million as the firm expanded head count and opened an office in Houston.

At the firm, Hanna focused on litigation, investigations and compliance. His financial disclosure also identified a host of corporate clients for whom he provided legal services. Those clients included Apple Inc., Uber Technologies Inc., HP Inc., KPMG LCC, Bank of America N.A. and DraftKings Inc. Hanna was on the Gibson Dunn team in an Apple antitrust case accusing Qualcomm Inc. of trying to leverage royalties on certain mobile technology.

Hanna declined to identify in the disclosure one individual client who is subject to a nonpublic U.S. Securities and Exchange Commission investigation.

Hanna's nomination was received by the Senate Judiciary Committee, where it is pending, on Feb. 27. President Donald Trump formally nominated Hanna in February, several weeks after U.S. Attorney General Jeff Sessions picked Hanna as the interim head of the prosecution office, the second-largest in the country behind Washington, D.C. Hanna was formerly an assistant U.S. attorney in the Los Angeles office from 1990 to 1995.

Hanna's financial disclosure is posted below:

 

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