David Nasatir Elected Chair of Obermayer
Obermayer’s Management Committee has elected David A. Nasatir as the firm’s new Chair for a four-year term, effective January 27, 2022. In case you missed it, you can view coverage of this leadership transition in The Legal Intelligencer and Law360.
Longtime legal titan, Thomas A. Leonard III, relinquished his role as Chairman of the firm and transitions into the role of Chairman Emeritus.
“It is time to make way for the next generation,” said Leonard, who passes the baton to David A. Nasatir, Vice Chair of the Firm and Chair of the Business & Finance department. “I am confident that Dave has the entrepreneurial drive and vision to build upon the foundations now in place to continue growing the Firm while ensuring that our clients receive the level of service and commitment to which they are accustomed.”
David—who began his career at Obermayer as a summer associate in 1994—is both humbled and excited to take on this new role and use his platform to push for the type of bold changes needed to expand Obermayer’s client base. Since becoming Vice-Chair in 2018, David has played a major role in formulating the firm’s strategic growth plan by focusing on lateral recruiting in key markets.
“As the new Chair of a 117-year-old institution, I intend to honor the past and ensure there is a vibrant future,” says David. “While building on the efforts of those before me is important, I believe we must never forget a key part of our role is to be stewards of the institution that is Obermayer. To that end, I want us to build a firm that: (1) looks like, and can relate to, our evolving client base; and (2) is open to necessary, albeit unprecedented, changes all while maintaining a legal practice that is second to none.”
David’s clients range from small family-owned businesses to some of the largest financial institutions in the United States. His diverse and extensive experience includes providing counsel to clients on public finance – both governmental clients and private sector clients seeking access to public finance opportunities – as well as public utility transactions, general corporate guidance, and both zoning and real estate issues. This includes handling the workout of complex financing projects and structuring of multi-million dollar real estate developments.
Obermayer sends huge congratulations to David for this great accomplishment. For all of us that know him well, David’s path to Chair is not at all surprising. He has always displayed incredible talent, focus, and integrity; we look forward to him realizing his vision for the firm going forward and know he will continue growing a firm that meets our clients’ evolving needs.