Larry Bortstein ’94 was the subject of an extensive profile in Corporate Counsel, which traced his path from Lehman Brothers in its darkest hour to his own highly successful firm today. At the time of the financial services giant’s collapse, Bortstein served as a senior in-house attorney and global head of Lehman’s Technology Law group. Then, in the wake of the financial crisis of 2008, he and thousands of other employees were at risk of losing their jobs. “The expression I use is that it all would have been very interesting if it were happening to somebody else,” Bortstein told Corporate Counsel.
Fortunately, Bortstein had a backup plan to start his own firm — one that would provide expert advice on technology, data and outsourcing contracts at an affordable price. Today, the New York-based Bortstein Legal Group boasts 14 lawyers, a new London outpost, and a growing list of clients that includes financial services clients such as Marsh & McLennan and American Express, as well as microblogging platform provider Tumblr and Quirky.com. This year he received a Lexology Client Choice Award in the Information Technology category for the New York Region. In addition, Bortstein Legal Group has been recognized in the “Technology and Outsourcing” category for the past three years by Chambers USA, the publisher of “the world’s leading guides to the legal profession.”
Bortstein has also remained a champion for his alma mater, hiring recent BLS graduates, mentoring students, and speaking at career-related events. At the discussions, he has inspired students to “think creatively, but with focus, and to steer their own careers in interesting, novel directions, best tailored to their own unique skill sets,” according to Professor Jonathan Askin, founder of the Brooklyn Law Incubator & Policy (“BLIP”) Clinic.
"Larry is the consummate, tech-savvy lawyer with entrepreneur’s spirit," Professor Askin said. "He has also created a distinctive and important practice that stands as a great example of what an independent, intelligent, entrepreneurial attorney might become. I hope many of my students grow up to become their own versions of Larry.”
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