Sidley Partner, Trump's Pick for SF US Attorney, Discloses $4.07M Partnership Share, Big-Name Clients
David Anderson's client list, which was made public as part of required disclosures for U.S. attorney candidates, includes Apple, AT&T, Facebook, Johnson & Johnson, Merck, and Wells Fargo & Co.
September 21, 2018 at 02:44 PM
3 minute read
David Anderson, the Sidley Austin partner nominated by President Donald Trump to serve as U.S. attorney in California's Northern District, reported earning more than $4 million in his partner distribution, according to newly disclosed financial records.
Anderson, a partner in Sidley's San Francisco office, said in the filings—published by the U.S. Office of Government Ethics—that he anticipates a final partnership distribution of between $1 million and $5 million if he is confirmed by the Senate. The filing also lists $500,001 to $1 million in a firm cash balance plan and the same amount in deferred compensation and the firm's capital account.
Anderson, who was nominated by Trump last month, declined to comment Friday.
Nominees for U.S. attorney slots and other executive branch positions must file public financial disclosures, which offer windows into compensation schemes at some of the country's largest law firms. Anderson's reported $4.078 million partnership share would include 2018 and 2017 firm income under disclosure rules. According to the latest financial numbers reported by The American Lawyer, Sidley's profits per equity partner reached $2.26 million last year.
Anderson's client list, which was also made public as part of the disclosure, includes a host of household names in technology, household goods, pharmaceuticals and financial services including Apple Inc., AT&T Inc., Facebook Inc., Johnson & Johnson, Merck & Co. Inc., and Wells Fargo & Co.
In private practice, Anderson, who has been at Sidley since late 2010, has led the firm's representation of Wells Fargo & Co. as the bank navigated its sham accounts scandal. He also defended AT&T Mobility from claims brought by the Federal Trade Commission related to the company's practice of slowing service speeds for unlimited data customers who passed certain usage thresholds. His disclosures indicates he also represents one confidential client who is subject to a nonpublic government investigation.
In a separate ethics agreement, which Anderson signed earlier this month, he agreed not to participate “personally and substantially” as U.S. attorney in any particular matter involving parties Sidley represents for one year. He also agreed not to participate in matters involving a former client of his during the same period.
Read Anderson's financial disclosures below:
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