#United States #Wilmington #American Bar Association #Norman Powell #Young Conaway

Leadership Transition at the ABA

In an important development for the legal community, Norman M. Powell, a partner at Young Conaway Stargatt & Taylor, LLP, has been selected as the Chair of the Business Law Section of the American Bar Association (ABA) for a one-year term. This notable appointment highlights Powell's extensive experience and dedication to advancing business law, especially as the ABA community continues to evolve.

Powell's Vision for the Future

Mr. Powell expressed his honor at assuming this influential position, asserting his commitment to fostering collaboration with fellow Business Law Section leaders. His inaugural vision revolves around enhancing educational resources that serve not only the section's members but also the broader public and the legal profession. “I look forward to building on the section's core values,” Powell remarked, emphasizing a balanced approach to both virtual and in-person engagements to cater to an increasingly diverse membership.

A Wealth of Experience

With over 35 years of experience under his belt, Mr. Powell is well-versed in the intricate facets of Delaware corporate law and alternative entity regulations. His expertise encompasses the establishment and governance of limited liability companies and statutory trusts, alongside managing complex financing transactions both in Delaware and under New York law. Powell’s ability to navigate these nuanced legal terrains is a testament to his skill and dedication to excellence in business law.

His history of service within the ABA Business Law Section is impressive. Prior to his new role, Powell filled various positions, including Content Officer and Chair of the Uniform Commercial Code Committee. He has also contributed considerably to educational efforts as a Senior Fellow and Executive Director at the University of Pennsylvania Carey Law School.

Contributions to the Legal Community

Mr. Powell’s leadership extends beyond just his legal practice. His memberships in prominent legal organizations, including the American Law Institute and the American College of Commercial Finance Lawyers, illustrate his active engagement in shaping the future of business law. Moreover, he has contributed as an advisor on significant drafting committees and task forces within the ABA, which underscores his commitment to fostering growth and ethical practices within the legal community.

Personal Insights

Outside of his professional achievements, Mr. Powell is connected to various cultural and community initiatives. He occupies key positions in organizations such as the Orpheus Club of Philadelphia and the Bryn Mawr Film Institute. He resides in Bryn Mawr, Pennsylvania, with his wife, Dr. Karen Zimmer Paul, where they enjoy family time with their four adult sons.

Conclusion

Norman M. Powell's upcoming tenure at the ABA promises to be transformative. With a solid track record and a clear vision for the future, he aims to enhance both educational resources and ethical practices in business law. As the legal landscape shifts, the Business Law Section under Powell's leadership is poised to build on its legacy, ensuring it remains relevant and responsive to its members' needs and the expectations of the public.

This appointment signifies a new chapter not only for Powell but also for the tens of thousands of members who comprise the Business Law Section. His leadership is eagerly anticipated as he embarks on this pivotal journey.