Norm Law Expands Its Private Funds Practice by Adding Experienced Team for Blue Sky Filings
In a significant move that bolsters its Private Funds practice, Norm Law LLP has welcomed notable new members to its team. This expansion includes seasoned professionals Ben Nager, Shelley Azizi, and John 'Jack' McCann, who bring a wealth of experience from their previous tenure at Sidley Austin. This strategic addition aims to enhance Norm Law's capabilities in navigating the complexities of state securities compliance, commonly referred to as Blue Sky filings.
Ben Nager steps into his new role as a Partner, where he will be at the forefront of managing the firm's Blue Sky filings as well as overseeing state securities regulatory matters. His expertise encompasses nearly three decades of advising clients in the investment banking and fund management sectors on critical securities regulatory issues. Throughout his career, Nager has successfully coordinated Form D and state notice filings for various investment vehicles, including hedge funds and private equity funds, and has led comprehensive remediation projects addressing registration and exemption challenges across all states.
Joining Nager, Shelley Azizi takes on the role of Counsel with two decades of experience in which she has specialized in advising pooled investment funds on federal and state securities regulatory issues, particularly focusing on Regulation D offerings. In addition, John 'Jack' McCann comes on board as a paralegal, further supporting the team's efforts in handling Blue Sky compliance and related securities filing tasks. Together, this formidable trio is expected to significantly bolster Norm Law’s offerings in this domain.
Mike Schmidtberger, the Chair of Norm Law and a former Executive Committee Chair at Sidley Austin, expressed his enthusiasm regarding the new additions: "Ben, Shelley, and Jack bring an established practice grounded in detailed knowledge of securities requirements across all 50 states." This emphasizes the wealth of knowledge and experience the team brings, paving the way for Norm Law to effectively manage complex securities issues for its clients.
The firm's technological capabilities also play a crucial role in its operational efficiency. The Norm Ai platform has been developed to streamline the multitude of jurisdiction-specific filing requirements and deadlines that come with Blue Sky compliance. This sophisticated software helps organize fund and investor information, identifies notable obligations, and alerts legal teams to any inconsistencies, allowing them to focus on critical decision-making processes rather than getting bogged down by administrative tasks. John Nay, founder and CEO of Norm Ai, highlighted, "Norm Ai uniquely integrates world-class legal talent with cutting-edge legal AI, which enhances the consistency and efficiency of our legal services."
Additionally, Scott Worland, the Chief Technology Officer at Norm Ai, notes that the enormous complexity of Blue Sky work—characterized by numerous jurisdiction-specific requirements and a large volume of data—demands unprecedented organization. The Norm Ai platform is engineered to create a streamlined workflow that proves invaluable in this regard, highlighting the firm's commitment to leveraging technology in providing quality legal services.
With clients managing assets exceeding $35 trillion, Norm Law’s innovative approach, alongside their new team members, is set to enhance their support of private funds, securities regulation, and a range of high-stakes legal matters. This strategic move not only emphasizes the firm’s dedication to meeting client needs but also showcases its ability to adapt and thrive in an ever-evolving legal landscape.
As an AI-native law firm, Norm Law continues to redefine traditional legal practices, merging top-tier legal talents with advanced technology. This enables them to streamline processes and offer superior legal services, thus solidifying their position as a leader in the industry. The integration of experienced professionals like Nager, Azizi, and McCann into the team clearly illustrates Norm Law’s robust strategy to enhance its offerings and better serve its extensive client base.