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    May 7, 2008  


Join us for lunch with three of America's top General Counsels: Freddie Mac's Bob Bostrom, the Washington Post's Veronica Dillon, and American Capital Strategies' Sam Flax (largest publicly-held private equity firm in the US).  Wed, May 28, at Il Mulino in DC. Sign up here. Thanks to great sponsors Studley and IMC.


Okay, so maybe he's not packing them in at Wembley Stadium, but the former Deputy US Attorney General ('06-'07) will have made stops in 10 countries and a dozen US cities by the end of his first year at Baker & McKenzie in September. Why? Part of the firm's plan to launch the private practice of the longtime public servant.


The bust of the original President "W" was a gift from staff in the Eastern District of Virginia, given when Paul left the US Attorney gig there to become DOJ's #2 man. Before those positions, he capped a career on the Hill by stewarding John Ashcroft through his AG nomination. (An Ashcroft-signed picture in his office calls him "the best coach since Vince Lombardi.") During his time in the Rocket Docket, Paul oversaw the terror prosecutions of John Walker Lindh and Zacarias Mousaoui, but it's his work fighting corporate crime that he's now leveraging at Baker & McKenzie.


While Deputy AG (and Chair of the President's Corporate Fraud Task Force) he authored the "McNulty Memorandum," laying out factors for the fed's 7,000 prosecutors to weigh in making charging decisions against corporations. In his Baker & McKenzie road show, Paul addresses groups of 50-150 executives on how well-structured compliance efforts can put them on the right side of the balance. His tour stops have lasted up to a week (as in Beijing, where he gave three talks), and include one-on-one meetings with GCs, with whom he often discusses strategic issues relating to federal investigations. "I've probably met with 100 general counsels in eight months," says Paul, happy with the kind of access you can't find outside a Bisnow GC lunch.


After announcing his resignation at the height of U.S. Attorney-firing scandal, it didn't take long for the headhunters and firms to burn up his phone lines, Paul says. Although he considered the GC route (taken by his two predecessors), he thought the right in-house fit could have been difficult to find in the short term. And with two kids in college, one just out, and another a sophomore in high school, Paul found himself "at the most expensive stage of human life" and ready to get to work. He must be doing okay: He and his wife just made plans to go to Citronelle for the first time ever.

John Ford is Bisnow's Managing Editor. Got a good story? By all means, let him know at john@bisnow.com.

Goulston & Storrs
Cardinal Bank
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