November 23, 2009

Chicago-based law firm Much Shelist announced the addition of three attorneys, bringing to 10 the total number of new attorneys who have joined the firm in 2009. Gregory D. Grove joined Much Shelist's Business & Finance practice as Principal; Courtney E. Mayster joined the Real Estate practice as Principal; and Michael J. Goldstein joined the Intellectual Property practice as Associate.

So far this year, Much Shelist has seen a 6 percent increase in its attorney ranks, bucking national trends of head count reductions among the majority of law firms. In fact, according to numbers recently released by the National Law Journal (NLJ), attorney head count is down 4 percent at the nation's 250 largest law firms. In addition, the average annual growth rate for the NLJ 250 (the 250 largest firms ranked by the publication) has hovered close to 4 percent for the last 20 years, thus making the 2009 decline equivalent to an 8 percent drop.

Much Shelist continues to attract clients seeking experienced counsel at reasonable billing rates. In fact, the firm's 10 new attorneys have brought in 260 new clients and 316 new matters to date in 2009. "Even with these numbers, our growth has always been about our clients' needs. Selectively bringing in seasoned attorneys in high-demand practice areas helps us meet and exceed those needs," said David T. Brown, Chair of the Much Shelist Management Committee. "For nearly 40 years, Much Shelist has delivered highly experienced, client-focused service at lower rates than most larger firms. We have also maintained our commitment to independence, even as other midsize firms have disappeared primarily through mergers. This model appeals not only to our clients, but also to talented attorneys seeking to make lateral moves."

Gregory D. Grove comes to Much Shelist from the Chicago office of Kirkland & Ellis LLP, where he was a partner in the corporate practice group. Grove focuses his practice on private equity, venture capital and corporate transactions. He counsels clients in a wide range of industries, including communications, software, medical devices, life sciences, health care and retail, handling domestic and international private equity and debt transactions, mergers and acquisitions and public offerings. Earlier in his career, Grove worked for 3M Company and Motorola. He also served as a Captain in the U.S. Air Force, and was a Visiting Scholar at Stanford University's Center for International Security and Cooperation. Grove holds a J.D. from Harvard Law School and a bachelor's degree from the Massachusetts Institute of Technology.

"Much Shelist's vision and spirit are closely aligned with my own, and the firm has the infrastructure, resources, talent and service platform that will allow me to offer my clients high-value legal services at reasonable billing rates," said Grove. "I admire the firm for its independent thinking and smart growth strategies at a time when many other firms are contracting. This approach positions Much Shelist and its clients very well for the coming economic recovery, and I look forward to being a part of it."

Courtney E. Mayster was a partner with Chicago-based Schain, Burney, Ross & Citron, Ltd., before joining Much Shelist. A licensed real estate broker in Illinois, Mayster has extensive experience in commercial and multifamily residential real estate law, as well as commercial real estate finance. She counsels her clients in all aspects of real estate development, financing transactions and condominium development and conversion. Mayster is also well versed in the Interstate Land Sales Act and has significant experience with the registration of multifamily housing developments with the U.S. Department of Housing and Urban Development. She holds a J.D. from Loyola University Chicago School of Law and a bachelor's degree from Georgetown University.

Michael J. Goldstein, most recently a sole practitioner, previously served as an associate with the Chicago office of Mayer Brown LLP. Goldstein, who concentrates on technology transactions, outsourcing and intellectual property matters, advises clients in connection with software development, technology licensing, software hosting, technology and business process outsourcing, and professional services arrangements. A former software developer, Goldstein also counsels clients on information technology matters related to corporate mergers, acquisitions and divestitures. He holds a J.D. from the University of Michigan Law School, a master's degree from the University of Michigan and a bachelor's degree from Williams College.