Tag Archive for: Partner

Julie Gottshall: Partner and Chair, Employment Litigation and Counseling Practice, Katten

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Julie Gottshall

When she was first starting out, Katten’s Julie Gottshall would not have predicted she would spend nearly her entire legal career working for a single large law firm. In a profession with many options, and an era that often rewards job changes, Gottshall believed she would join different employers and maybe even take some time off the career fast track. Instead, Gottshall found a position that enabled her to grow and balance, and decided to stick with it.

Sometimes, says Gottshall, the best opportunity is the one you already have.

Finding Her Niche

Gottshall’s career has been a steady climb. After graduating from George Washington University Law School, she decided that moving to Chicago would be her “great life adventure,” despite the fact that she had no obvious connection to the city. She initially eschewed the largest law firms, choosing to start her legal career at a midsize firm that she hoped would provide a more appealing lifestyle. But when she was a fourth-year associate, two partners with whom she worked closely joined Katten. She moved with them to continue her career focus on employment counseling and litigation, a practice she has solidly established and now leads.

Gottshall felt drawn to employment law for the human element of the practice, and the opportunity to keep her corporate clients out of trouble but defend them if they nonetheless found themselves facing a lawsuit. At Katten, Gottshall handles a broad spectrum of employment issues, including worker mobility (e.g., non-compete implementation and enforcement); employee separations and reductions in force; worker classification and wage/ hour compliance; handbook and policy implementation; workplace investigations; and discrimination and harassment prevention. She has litigated in numerous state and federal courts at both the trial and appellate level, and before all manner of government agencies. She also acts as an impartial third-party arbitrator on the Employment Panel of the American Arbitration Association, where she has decided cases involving breach of contract; discrimination, retaliation and harassment issues; and other workplace matters.

Gottshall likes to quip that one of her most impressive professional achievements is to fly deftly under the radar, since she works hard to keep her clients on track and out of the spotlight.  Always one to look for practical solutions, she describes herself as a counselor first, an attorney second, and a litigator last. Still, she knows her way around a courtroom. She is particularly proud of a whistleblower case she argued and won before the Illinois Supreme Court – a victory that was the culmination of 11 years of work. After she prevailed in the lower court only to see the decision overturned on appeal, she sought certiorari, becoming one of seven out of 237 petitions the Illinois Supreme Court agreed to hear that session. The high court ruled unanimously in her client’s favor, marking a noteworthy victory for her client and a favorable precedent for other employers.

Gottshall finds employment law is a particularly exciting space right now, given the current remote work environment during the pandemic that has prompted employers to reimagine the workplace and what it will look like in both the near and distant future, as well as presented challenges regarding workplace safety, sick leave and furloughs and layoffs.

Mastering the Balancing Act

While the legal field continues to evolve in its support for personal life choices, Gottshall finds that women still face a constant challenge in finding the right balance. “We are called upon to take on so many roles— some that we need to do and some that we want to do,” says Gottshall. “It’s up to each person to decide how to allocate her time and navigate how much is spent on family and other pursuits, versus how much is poured into a career.”

Still, Gottshall has found Katten conducive to personal as well as professional growth. As she notes, a long tenure at a single firm allows you to build credibility and good will. Your colleagues know your work ethic and contributions, which better positions you to set boundaries and request flexibility. She encourages the use of maternity and paternity leave and other options such as Katten’s sabbatical program, designed to help promote work-life balance. “I applaud women who lean in, but also take advantage of the programs offered, especially today as companies realize they have to adapt to keep their top performers,” Gottshall said. Like most women, Gottshall tries to multi-task when she can. In fact, she once leveraged her maternity leave to take a mediation course to further her career. “Women should determine the best course for them, their families and careers.”

Gottshall appreciates opportunities like the Katten Women’s Leadership Forum that can support women attorneys’ desire to create bonds with other women and fulfill the responsibility to be a mentor.

Part of her balance also comes from using her skills in her community. For example, she has been a school board member for eight years, which she sees as an important commitment. “It’s a gratifying way to leverage my professional knowledge while giving back,” she says.

With one daughter in college and another in her senior year of high school, Gottshall and her husband are looking forward to determining what it means to be “empty nesters.” For now, they enjoy paddle sports and indulge in their passion for travel, especially visiting national parks.

“You have to be mindful of your priorities,” she said, “and look for the joy in everyday pursuits so you don’t lose sight of perspective in all the things life offers you.”

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Trisha Sircar; Partner, Privacy, Data and Cybersecurity, Katten

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Trisha Sircar“I will say I’m incredibly lucky that I’ve had the support of many women in my industry,” says Trisha Sircar, Partner at Katten.

The terrain of data privacy and cybersecurity is evolving as quickly as our relationships to technology, so there’s rarely been a more challenging or rewarding time to be an authority in this field.

Organic networking from one of the world’s largest insurance companies to Katten

After beginning her legal career in litigation at a law firm, Sircar moved to in-house at a global insurance company. In 2014, two years into her eight-year tenure there, she segued from employment law to data privacy and cybersecurity, exploring from both legal and business vantages, usually for Fortune 500 clients.

“We’d take a deep dive into how organizations measured their data privacy and cybersecurity from a macro and micro perspective,” Sircar says. “It was very interesting to see how different clients — healthcare, pharmaceutical, hospitals, universities, media, tech, professional services firms, retail, and others — use, collect and retain data, and manage their privacy and cybersecurity risk.”

Within her last remit as counsel and compliance officer, Sircar helped implement the company’s global privacy compliance and records and information management program, as well as manage internal policies and procedures pertaining to privacy, data and cyber security across more than 50 global locations.

Through her work, Sircar developed a longstanding client relationship with Floyd Mandell and Karen Artz Ash, Katten Partners and Co-Chairs of the Intellectual Property practice.

“I had very close ties with Katten throughout my career,” she says. “I saw Floyd and others on his team as mentors and friends that I could always turn to.”

Sircar was focused on establishing her career in-house and did not plan to return to private practice, but soon found herself accepting the invitation to join Katten in January 2020.

“I knew their business model, their reputation, and I knew that I could trust them as a partner based on the multiple matters that we handled together,” she says. “I always tell my mentees and associates on my team that you should keep an open mind and be open to opportunities. So I kept an open mind, and I’ve been very happy with the decision.”

 

New World, New Questions, New Challenges

In her role at Katten, Sircar is largely confronting the issues that have arisen and solutions to be forged under the context of a public health crisis.

“I’ve recently worked on updating business continuity plans for clients that envisaged a terrorist attack in advance of 9/11 or natural disasters before Hurricane Sandy struck, but many of our clients never thought to foresee a pandemic,” says Sircar. “So we are creating a new playbook. It’s something that is dynamic and going to change day to day, every day.”

A salient focus right now is education privacy, both in creating safe and secure practices for sustaining education in a remote environment and navigating, where feasible, re-entry into the classroom.

As both an attorney and aunt, Sircar appreciates the complex considerations at play in the transition to remote learning, including the importance for schools to perform critical due diligence on software, applications and technology platforms with regards to how they protect students’ privacy, and to pay close attention to how these platforms collect data on students.

Schools need to address whether they provide sufficient disclosures to students, parents and guardians, and teachers, and employ adequate information and cybersecurity protocols so parents and guardians are clearly aware of what is going on in virtual classrooms and what support is available, according to Sircar.

“Whatever we can do to promote safe and secure practices for schools during this environment, whether they are participating remotely or in a hybrid model, is really important,” Sircar said.

Sircar clarifies there is no easy, one-size-fits-all solution. Not only are schools under state-level laws, but guidance at the district and school levels differ and fluctuate too.

Many business clients are also navigating creative changes in their client or consumer relationship and interface in the present pandemic world.

The way of overseeing businesses’ privacy policies and processes, and compliance with global privacy law, is also impacted — from managing increases in cybercrime to what to do when you can no longer run to the IT guy down the hallway.

 

Real Diversity is Visible

Despite the tech-related nature of her legal realm, Sircar attests that neither her gender nor Indian ethnic background have been personal barriers.

“My last manager was a female. Her manager was a female and the hierarchy above her were all females,” she says. “I have been fortunate to have had incredible mentors. And Katten is truly supportive and amazing in terms of their work/life balance and maternity leave policy.”

“I have interviewed with companies and law firms that I know have strong diversity and inclusion programs, and it’s not just window dressing. I see their impact at a substantive level,” says Sircar.

She recommends to do the research before interviewing, ask the hard questions and pay attention. At a senior level, she suggests reaching out to networking peers to share thoughts on the leadership culture of a firm.

“When I hired Katten at my predecessor company’s lawyers, I saw the hierarchy, and there were females and minorities in those high positions that I’d be working with or reporting to,” says Sircar. “But I think law firms generally have more work to do to achieve parity.”

On that note, Sircar finds her pro bono work with entrepreneurs in socioeconomically disadvantaged communities, which helps to foster more diversity in law, to be essential.

“I think it’s really important that as lawyers and leaders, we don’t always look to what we deserve or what we should get,” states Sircar. “It should be more of a culture that embraces giving back.”

 

Mentorship and Support

“Katten really supports mentorship, not only at an internal level between partners and associates,” notes Sircar, “but also externally with students — from high school to college to law school.”

While she’s often gone the path on her own — from Australia to New York to law school to partnership — she emphasizes to her mentees to be willing to ask for support.

“Reaching out for help or advice does not subvert you from your task of getting to what you want to do,” says Sircar, “and it could have gotten me there faster. Be open to others’ opinions. Don’t be afraid to ask uncomfortable questions, but also be prepared for the tough answers.”

“It’s really important to get different perspectives from different people, from different backgrounds and different facets of the legal profession.”

 

Guardian of our Times

In addition to being perceived as a role model to other women and making her family proud, Sircar is proud to stand as an authority in a field of law that has an impact on everyone in this interconnected, global digital economy.

“I assist my clients in understanding and managing the evolving privacy and cybersecurity risks that they face when they create their services and products or market them, while protecting and securing personal data and confidential information,” she says. “Working in an industry that really affects everybody and holding all parties accountable to that, that’s another thing I’m proud of. I get to do a job every day that helps society by promoting and ensuring an ethical approach to the usage of data, individual privacy and sound cybersecurity hygiene.”

By Aimee Hansen

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Anilu Vazquez-Ubarri, Partner, CHRO at TPG

Anilu Vazquez-UbarriThroughout her career, TPG’s Anilu Vazquez-Ubarri has often been the “first” or “only” in many situations.

While she is proud of breaking barriers, she says her goal is to not be the last one or the only one.

“I want to change perceptions and help people realize that differences bring varied perspectives that make our whole corporate culture stronger.”

And, she admits, sometimes that comes with a sense of loneliness and second guessing. “Occasionally, you may question whether you have the opportunities you do because you earned them, and upon reflection, you realize that you not only earned them, but likely worked harder than anyone else to get them.”

Building an Impressive Career that Helps Others Rise

Vazquez-Ubarri began her work in corporate law, where she became familiar with the dynamism of people matters and M&A, interests that led her to a role at Goldman Sachs in employee relations. Joining right before the financial crisis, her thinking about business was completely transformed as she saw firsthand the criticality of strong leadership in surviving any situation.

She subsequently held a number of human capital roles, always with a bent to the talent side, eventually being named Managing Director, Global Head of Talent & Chief Diversity Officer. Two years ago, she joined TPG as the firm’s first Chief Human Resources Officer to help build out the HR function and continue to improve on what was already a great firm culture. She was promoted to Partner in 2019.

What she finds most rewarding is building functional teams while developing robust talent management practices that focus on ensuring they have the best person in each role. “It has become common to combine talent management with diversity to accelerate progress,” Vazquez-Ubarri says. “I redesigned this function at TPG to help the firm think more broadly about people matters and the positive impact that a diverse, equitable and inclusive culture has on performance and engagement.”

Currently she is in the final stretch of a two-year strategy to reimagine the people culture, in part by reinforcing a focus on effective managers and feedback. “We are re-defining the traits of a good manager and the behaviors that lead to good management to maximize performance and engagement,” she says. At the same time, the firm is bringing diversity, equity and inclusion (DEI) to the forefront and also considering it in the role they play in capital allocation, the companies in their portfolio and their whole ecosystem. “We are challenging ourselves to continue to be leaders in our space,” Vazquez-Ubarri says.

Of course, additional priorities emerged as the pandemic raged, and the firm had to figure out what these goals mean in the context of disruption and new platforms for interactions. To that end, she has been leading the firm’s crisis management efforts and focusing on the health of employees and their families to keep them engaged even when remote – enabling them to continue to maximize their impact for stakeholders.

Working remotely would appear to be more challenging as they navigate weighty topics such as racial injustice, but Vazquez-Ubarri says the remote environment has created an ‘equalization of perspectives’ that has allowed teams to have candid conversations that might not have otherwise occurred if they had been in offices and hopping on planes.

“We held over 30 roundtables about racial injustice and our role as a firm and individuals to be change agents. In an interesting twist of fate those conversations were better enabled by technology.”

Developing Talent at All Levels

Vazquez-Ubarri believes in identifying people early in the pipeline and letting them know there is a path for them. Simply put, she wants to encourage people to plan to stay rather than plan to take their career elsewhere.

“Too often companies talk about top performers behind closed doors, but you need to let women know they are valued,” she says. For that reason, TPG closely monitors the talent pipeline to look two to three years ahead of promotions in order to better develop talent by considering what they have accomplished, finding the gaps and holding their managers accountable.

“I think that’s the most interesting feature of how we are looking at this. Our managers know that if they have a talented member of their team and don’t identify potential issues early on, that is a failure on their part,” Vazquez-Ubarri says. “We have to clearly articulate that we are invested and put our focus on ‘stay’ interviews so they don’t become exit interviews.”

Considering the upcoming Hispanic Heritage Month, she mentions her focus on energizing the Hispanic population to help each other rise in the corporate environment. “We have a lot to offer with our diverse cultural background, and it’s important for companies to get to know and understand this talent base, which I believe is underutilized.”

Vazquez-Ubarri spends a lot of time coaching and mentoring women and Latinos who are looking to develop their careers and advance within their fields. “I am excited to see so many women achieve success in industries that normally have not been welcoming,” she says. “I hear them say that they like it here and are going to stay. I am quite optimistic for the state of women in the workplace and for the very important role we have to play in the world in general.”

She also serves on boards that are focused on justice and civil rights for the Latino community, but also have educational and networking components. These include ALPFA (Association of Latino Professionals for America) and the Latino Corporate Directors Association, with whom she proudly partners to make sure that Latinos are represented on boards.

“I spend a lot of energy and capital on mentoring and challenging Latino professionals to stay in the game and move up the corporate ranks by making their voice heard and pursuing leadership opportunities.”

Independent of industry, role or level of seniority, Vazquez-Ubarri says it’s important to “run to the fire.” In other words, she says, don’t be afraid to go after things that are complex. “That’s where change happens, where you learn the most, and have the opportunity to become a trusted advisor.”

by Cathie Ericson

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Voice of Experience: Mara Glaser McCahan, Partner, Katten

Mara Glaser McCahan“I would have saved myself a lot of angst if I had known earlier in my career that everyone has their own style, and I don’t have to mimic others to be successful,” says Katten Corporate Partner Mara Glaser McCahan.

For a number of years, she tried to imitate the style of successful people who surrounded her, but she realized that it wasn’t working because she wasn’t being genuine. “Once I was able to hone in on my own style and trust that my style, although different, was every bit as good as others’, I was not only more comfortable, but more successful.”

A Career Path Forged From the Start

As Glaser McCahan puts it, she was that person who always knew what she wanted to be—a corporate lawyer—even proclaiming that to her high school newspaper as her post-senior year plans. And her career as a transactional lawyer has not disappointed. She terms her path as “fairly straightforward,” having dabbled in litigation and regulatory work as a summer associate but finding her right fit during her initial corporate assignment.

Of course, since she has been practicing for more than 20 years, the path itself has taken lots of turns. For example, the types of deals that she has handled have varied greatly, depending on the fluctuations in the economy. She first began practicing in the “go-go” days of the late 1990s, when money flowed fast and furious into startups, and companies went public on projected future earnings.

Then came the tech bust, and while those transactions stopped, different deals emerged—such as distressed deals, bankruptcy deals, bridge financings and other types of transactions where someone saw an opportunity in the fallout. While the twists can be challenging, Glaser McCahan believes that is what has made her career interesting. “While many of the basic principles are applied over and over, no deal is ever the same, which makes my job enjoyable and intellectually engaging,” she says.

Being a transactional lawyer requires the ability to adapt—to different types of deals, changing market conditions, different structures and more. “You learn from every change by absorbing it and applying it to future situations, which ultimately makes you a stronger lawyer with increased wisdom and better insight to advise your client,” Glaser McCahan says. And, she adds, this experience is what makes you valuable to clients. After all, a lawyer closes many deals in any given year, while the client may only do a deal every few years so they look to their legal team for guidance.

Given that depth of experience, having to choose a professional accomplishment she’s most proud of feels to Glaser McCahan like being a parent choosing a favorite child. “Every deal requires a lot of effort, and I throw myself fully into each one, with its accompanying unique set of circumstances that require creative solutions to get them across the finish line.” In addition, she notes, transactions require coordination and teamwork to keep moving toward a common purpose, both with the client and with the internal team. “Whenever a deal I’m working on closes, it is a feeling of accomplishment that through teamwork you were able to successfully help your client achieve a goal.” But basking in the high is short-lived, as Glaser McCahan then looks forward to doing it all over again with a new deal.

Helping Bring Others Along Is a Two-Way Street

Glaser McCahan recommends that young women take ownership of their own career; rather than sitting around passively and waiting for someone to take interest in shaping their trajectory, she urges them to ask questions, show interest, request help when needed and ask to be staffed on various assignments if they desire to work with a particular senior associate, partner or client.

“The answer may not always be ‘yes,’ but if you don’t ask, you won’t get what you want,” she points out. And, even if the initial answer is “no,” it’s a way to put yourself on their radar to hopefully have your request met later. For that reason, she says it’s okay to be aggressive, while never obnoxious, of course. “I think that folks are always interested in helping others who have demonstrated that they care and are willing to put in extra effort.”

And then the onus is on professionals at upper levels to make the effort to assist those who are just starting out in their careers. She recommends thinking back to your early career, as everyone can describe instances where someone helped—by taking an interest in their career through mentoring, providing useful advice or staffing them on an important transaction or case with an important client.

The need is particularly great for women. Despite the immense strides that have been made in many traditional practices, there is still a long way to go. Glaser McCahan remembers being the only female attorney in the corporate group when she was hired 20 years ago; even though more women are choosing to practice law in areas that have been traditionally male, such as corporate, real estate and finance, the numbers remain small. And they get even smaller when you consider the number of women who choose to continue to stay on the partner track and who actually make partner. “Despite the fact that women graduates outpace men, the business professionals sitting around deal tables generally tend to be all men. Even 20 years later, I am almost always the only woman; we have to do better to get women more seats at that table.”

And that can happen by being that person who helps create a career-changing opportunity, Glaser McCahan says, acknowledging that it’s easy to get wrapped up in your own career and busy schedule, and thus forget to pause and give a helping hand. “But even the smallest act can have a profound impact and we should strive to give back.”

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Stephanie Rader, Partner, Goldman Sachs, Securities Division

Stephanie RaderStephanie Rader, head of the Distressed Sales and Bank Loan Sales Group, is a program co-sponsor of the 2019 Women’s Career Strategies Initiative (WCSI), an annual program at Goldman Sachs that provides high-performing women associates access to training sessions, resources and touchpoints with senior leaders across the firm. Associates are encouraged to develop their leadership skills, identify ways to enhance their commercial impact, evaluate the work-life equation, and manage their careers proactively. In a roundtable session hosted for WCSI participants, Rader reflected on her career at the firm and shared advice with this year’s WCSI class.

A 15-year veteran of the firm who initially began her career at Goldman Sachs as an intern, Rader started by reminding attendees to have the courage and confidence to ‘go for the ball.’

Rader shared: “As Billie Jean King said, pressure is a privilege; if you’re doing well and excelling in your current role, others will inherently begin to give you more work because they know you can deliver.”

She adds, “While being responsible for a significant number of deliverables and leading on projects can be stressful, you need to remind yourself that you’re being given a chance to excel – one that others around you might not receive – and you should take advantage of those opportunities.”

Rader, who joined the firm after graduating from Duke University with a bachelor’s degree in public policy and economics, was presented with many such opportunities during the financial crisis.

“Throughout, I jumped in and helped out with various clients, because everyone was moving so fast,” she told the WCSI Class of 2019. “I learned an incredible amount during this time period and it helped set me up for success down the line.”

Taking Advantage of Rapid Change

“If you find yourself in a moment in your career where you feel stalled, remember that things can change very fast,” Rader recalled. “Create your own luck by putting in the work and preparation now so you can take advantage of opportunities when change occurs, which it always inevitably does.”

Rader acknowledged that in the absence of change, individuals can identify other ways to present themselves as rising leaders. Her recommendation: “Be vocal in meetings with your questions and ideas, invest time developing the analysts on your teams and be the go-to expert in your space.”

Leveraging Methodical Postings

Rader, who covers both asset managers and hedge funds, also manages a team of 14 sales people. When working in a fast-paced environment, Rader highlighted the importance of ensuring your manager and stakeholders are aware of the internal and external projects you are working on. “Don’t wait until your annual feedback to connect with your manager.” She recommends scheduling a regular touchpoint and sharing a comprehensive list of your completed deliverables and ongoing projects.

“It’s so important for people to know and be aware of the work you’re doing – while we expect our colleagues and our manager to automatically know about our projects, do not assume they are aware of what you are working on unless you post them directly.”

The Work-Life Equation

“At different points in your career you’re going to need different things, whether that’s time to adjust to being a new mom, caring for a parent, or tending to your own health,” Rader reflected. “While it’s good to make plans and set goals, both our professional and personal lives can take unexpected turns. Be flexible in adjusting course, be patient with yourself and don’t be afraid to ask for help.”

As a mom to a six-year-old and one-year-old, Rader told participants she tries to be fully invested in the present moment in order to maximize her time at work and her time at home: “When I’m at work, I’m completely plugged into the desk and work as efficiently as possible. When I’m at home, my kids are my priority.”

Reflecting on Goldman Sachs’ work environment since she joined in 2004, Rader notes, “Managers recognize now that if you’re happy outside of Goldman Sachs, you’re going to be more productive when you’re at the office – as a result I think our culture has become more flexible and inclusive over time.”

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Voice of Experience: Aamena Khan, Partner, PwC Middle East

Aamena KhanAamena Khan’s background is not reflective of a traditional career consultant.

She began her professional life in industry, starting in Washington D.C and 15 years ago in 2004, she followed her career to the Middle East with her son, a student at New York University. Today, Khan is a Financial Services Consulting Partner focusing on People and Organization at PwC Middle East, and more recently, was appointed COO of Financial Services, a huge area of investment for the firm.

Khan is an accomplished professional with over 20 years of industry and consulting experience in multiple other industries including aviation, technology, media, logistics and higher education. She is also a subject matter expert on organizational design, change management, employee engagement, leadership development, succession planning and workforce nationalization. However, in the present moment, her passion is fuelled by the limitless possibilities of FinTech and the level of disruption financial institutions are experiencing.

Embracing her profession in consulting today, Khan recognizes that she can make a greater impact as a consultant than when she was in industry. She is excited about working with and leading some of the world’s best and brightest talent, in the face of extremely challenging environments and opportunities.

“I am learning more now than I ever have over the course of my career,” she shares. Her passion for learning is clearly what drives her excitement – energized by ongoing growth and development in all areas of her business, while leading with the attributes of a true leader. “I don’t believe in old school leadership such as command and control. My role is not to be the person in the room who knows everything, it is my role to listen and understand the client’s problem and bring the best people from around the network together to solve their most important problems. For me, it is very important to give other people a chance to be part of the story and to make their mark too – there is a greater purpose in everything we do, than simply ourselves.”

Khan joined PwC as a director and impressively made partner within two years. Coming from outside the firm and profession, this was an incredible achievement for Khan while also acknowledging the firm’s commitment to advocating and promoting different archetypes of leaders and partners.

As a strong advocate for gender balance, Khan also leads the firm’s Women in Tech initiative for the region, which is based on three pillars: promoting, advocating digital thinking in the way PwC teams conduct their work and contributing to community outreach programs by connecting with schools to reach the grassroots level of tomorrow’s talent. She is also working on a digital platform that centers around employee engagement and related predictive analytics.

Her inspirational leadership style is clearly a reflection of a very self-aware and grounded person: “Success comes in many different forms, I know that now. I used to see scope of responsibility and the size of budgets or teams I managed as the only indicators of my success, but today my definition of success is very different. Today I am driven by opportunities to learn, do interesting work and have fun! To work in line with my values, to give good people the opportunity to have a voice – I don’t need to be the person in the room to have all the answers, my role is to empower others. This is far more powerful and enables us all to be successful.”

In her journey to be successful, she also embraces failure. When asked what advice she would give to her younger self, Khan replied: “Don’t be so brutal – if you don’t show yourself some humanity, how will you give it to others? If you fail, fail fast and move on but more importantly, don’t avoid failure – don’t stagnate in a safe zone. Step out of your comfort zone and challenge yourself because when you do that, that’s when magic happens for you and those around you.”

Magic, humanity, continuous learning, fun and excitement; Khan clearly proves that these can be our most effective capabilities and emotions to be a strong, ambitious, successful and driven leader of the future.

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Thalia Chryssikou, Partner, Goldman Sachs, Securities Division

Thalia ChryssikouAfter graduating from the Massachusetts Institute of Technology with a PhD, Thalia Chryssikou, now a partner in Goldman Sachs’ Securities Division, had initially expected to pursue a career in academia.

However, she wanted to explore other opportunities, and joined Goldman Sachs in 1998 following an internship in the firm’s Risk Department.

“While I love teaching and cherish opportunities to share learnings, I realized early on that working alongside smart, capable, energetic people is what motivates me the most,” she says. “After joining the firm, I appreciated the power and energy of a smart collective – ultimately, it’s not about an individual, it’s about what we all collectively are able to achieve.”

Discussing the switch from academia to financial services, Chryssikou also notes: “I fell in love with Goldman Sachs’ goal-oriented research culture the summer before completing my PhD. I had the opportunity to engage in innovative quantitative and analytical work, as well as experience the teamwork culture ingrained in the organization.”

Continuously Reinventing Oneself

“Over time, as the firm expanded into new businesses and grew its client footprint, my ability to keep reinventing myself kept me engaged at Goldman Sachs,” notes Chryssikou.

Today, Chryssikou is the global co-head of Sales Strats & Structuring across FICC and Equities, a 250-person team spanning different regions and client segments. She says of her team’s work: “Our focus is centered around three pillars: a) providing solutions for both institutional and corporate clients, either on the investing or financing side; b) curating market and industry specific content for our clients; and c) developing client-solution digital platforms to engage on both structuring and execution services.”

Describing how she expects the business might change in the future, Chryssikou references Apple’s transformative effect on day-to-day business: “At Goldman Sachs, we’re trying to bring financial professionals into the digital world by allowing them to simplify and scale their business services utilizing our content and risk management expertise.”

Chryssikou acknowledges the anxiety that technology and automation could disrupt existing industries and replace jobs, but says she believes it is an “opportunity, not a threat.” She goes on to note: “When I began my career, providing internal analytics to clients was viewed as disruptive – however, we learned that offering analytics was a significant value-add for clients. My team continues to embody that philosophy, allowing us to serve clients more effectively and spend more time developing value-add services.”

Working to “Support, Attract and Retain” Women in Technology

Working alongside another female co-head, Chryssikou has remained focused throughout her career on ensuring greater female representation within her team.

“When I began my career, there were very few women on the trading desk, especially in leadership positions – it was a male-dominated environment,” Chryssikou says.

“When I reflect on the journey we’ve made, and the current gender breakdown on our team, I am proud of the evolution my co-head and I have overseen,” she adds. “We’ve made a real effort to support, attract and retain female hires.”

Chryssikou acknowledges the need for ongoing focus – by both Goldman Sachs and society at large – to improve female representation in technology roles.

“We all need to invest in and encourage more women to pursue careers in science, technology, engineering and mathematics in order to deepen the pool of female talent,” she notes. “Technology is creating a level playing field where women can engage and excel.”

Have Clarity on The Mark You Want to Leave

Chryssikou recommends that others identify the mark they want to leave on their organization.

“Have clarity on the mark you want to leave and reflect upon how you want others to perceive you – do you want to be viewed as an innovator, business leader, detailed-oriented? Understanding how you are perceived by others – combined with tenacity and grit – will allow you to build on your strengths and continue to evolve in your professional career.”

Chryssikou also acknowledges the importance of actively managing your career in order to develop skills and work on projects that will help you succeed, as well as your team.

“Embracing your role with passion and commitment is important,” she says. “Diversity of thought and skillset is an imperative ingredient to a team’s long-term success, complementing the collaborative nature we seek across the firm.”

Combining Work and Family

When she’s not on the trading floor, Chryssikou is a mom to two sons – a 17-year old and a 14-year old. Reflecting upon her experience taking maternity leave, she says: “Goldman Sachs was an extremely supportive place to have children and my managers helped create an environment where I could balance my professional aspirations with our family needs.”

Outside of work, Chryssikou has continued to travel extensively with her family, collect contemporary art, and give back to her academic and cultural community.

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Voice of Experience: Susan Light, Partner, Katten

Susan LightWhen Sue Light reflects on advice given to her over the years she acknowledges that sometimes it doesn’t become pertinent until you’ve been in the workforce long enough to see its value.

That’s why she recommends newer professionals focus on approaching a job with the goal of helping solve problems and offering solutions. She also stresses the importance of taking care of yourself. “I am happy to see this is becoming a bigger trend among younger professionals. It’s not weak to take a moment every now and then to focus on your physical and mental health. It’s imperative. If you are not taking care of yourself, you won’t be able to show up and take care of others. Plain and simple.”

Finding the Perfect Intersection of Experiences

While Ms. Light had originally planned to get her PhD in psychology, she changed course as grad school loomed and ended up attending law school at Boston University. She began her legal career as a prosecutor in the Bronx District Attorney’s Office in New York, where she tried to verdict more than 50 felony cases and supervised the investigations and prosecutions of violent crimes. She spent seven years in what she describes as an “important and dynamic job,” learning every aspect of practicing law and simultaneously building strong ties with her colleagues.

She also earned her Master of Law at New York University School of Law in the evenings, focusing on securities and criminal law. Ms. Light was able to combine the specialties into a position that she says was “custom-made for her” at the New York Stock Exchange (NYSE) as a trial attorney. Over the years she ascended the ranks and became a senior vice president in the NYSE’s enforcement division.

During her time there, the National Association of Securities Dealers (NASD), a self-regulatory organization of the securities industry, merged with NYSE’s regulation and formed the Financial Industry Regulatory Authority (FINRA). Ms. Light stayed on in a similar position for an additional 11 years, helping run the enforcement division as senior vice president and chief counsel.

As a leader at FINRA and the NYSE, Ms. Light managed as many as 60 attorneys and investigators and negotiated dozens of global settlements with the Securities and Exchange Commission (SEC), U.S. Attorneys’ Offices, Municipal Securities Rulemaking Board, state regulators and the Financial Crimes Enforcement Network, which is a bureau of the U.S. Department of the Treasury. Additionally, she partnered with foreign regulators on investigations into cross-national Ponzi schemes, with the Internal Revenue Service on investigations of improper tax dividends, with the Depository Trust & Clearing Corporation on investigations of penny stock fraud and market manipulation and with the Commodity Futures Trading Commission on managed futures alternative investments investigations.

While she enjoyed her regulatory experience, last year she decided she wanted to experience private practice and joined Katten as a partner in its Financial Markets and Funds group.

“It’s been a great match, the people are terrific,” Ms. Light said. “Katten has a strong financial services department, and I brought my institutional knowledge of SEC and FINRA rules and regulations to enhance that area.” Clients appreciate the value she brings, given her extensive experience and insight in addressing complex legal and regulatory issues. Joining Katten has also presented the opportunity for Ms. Light to handle cryptocurrency and cybersecurity matters, building on her FINRA experience in those areas.

At Katten, Ms. Light provides clients with a regulator’s perspective and deep insights into the rules. Her time is divided between giving advice on rule interpretations and practices, conducting internal investigations and representing broker/dealers in SEC and FINRA proceedings. “I try to help my clients better understand what the regulator is required to consider and how that may impact their matter,” said Ms. Light. “I think this approach gives them a greater level of insight and confidence when working with FINRA or the SEC.”

And that is one of the professional achievements she is most proud of—being able to connect her many roles, leveraging her experience to provide value to her clients. In addition, she finds a lot of satisfaction in the opportunities she has had through her senior executive leadership roles to mentor and guide so many people whom she has been proud to see have been promoted and succeed.

Building Important Bridges

While she appreciates the level of trust she has established with the regulatory agencies, Ms. Light likewise values the trust she has developed with colleagues. “You need someone at work who will give you a reality check and advice,” she says. Since she is relatively new at Katten, she has been proactively calling women partners to get to know them.

Ms. Light says she has been very fortunate over her career as the men who may have been dismissive of her achievements as a woman were few and far between. “I never missed out on any opportunities by being a woman; if I didn’t get a promotion, it wasn’t because I was a woman,” she notes. And similarly, she says she has been fortunate to work with many role models who helped paved the way.

Currently she appreciates the focus that Katten puts on diversity and inclusion, and has become a member of the firm’s Women’s Leadership Forum, which supports the growth of women attorneys through various initiatives, programs and events. “The firm is very attuned to internal diversity but also recognizes a diverse workforce results in more innovative solutions to the legal and business challenges faced by our clients,” she says.

Ms. Light is proud to be part of a family of lawyers; she met her husband in the Bronx District Attorney’s Office and he just retired as an adjunct law professor. Her son is currently a market surveillance manager at the NYSE while attending law school at night, and her daughter works in project management and is applying to law school. The family remains close—having weekly lunches, getting together on the weekends when they can and traveling together.

Her daughter recently found a book of poems Ms. Light’s parents had given her. One that particularly resonated as she read it with hindsight was called “Don’t Ever” by Laine Parsons, which reads in part, “Don’t ever forget that you can achieve so many of the things you can imagine. It’s not as hard as it seems. Don’t ever stop loving don’t ever stop believing, don’t ever stop dreaming your dreams. “It’s great advice for any professional, and a good reminder of what we need to figure out as we go along our paths,” says Ms. Light.

“The secret to work-life harmony is not balance so much as navigating what’s most important at any given time,” Ms. Light says. “Sometimes that’s the case you’re working on and sometimes that’s your child’s birthday. It is possible to be fantastic at both roles.”

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Voice of Experience: Shana E. Ramirez, Partner, Katten

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Shana Ramirez“What makes you a good attorney is learning from your mistakes—almost that trial by fire aspect that lets you constantly grow,” says Katten’s Shana Ramirez.

Ramirez began her career in the finance area of law in New York after graduating from University of Michigan Law School. She moved to Los Angeles and worked with two firms before joining Katten as a partner in the commercial finance practice in 2018. Her experience covers a variety of financings and arrangements, including acquisition finance, leveraged finance, subordinated debt facilities, asset-based credit facilities, subscription facilities, investment grade credit facilities, transactions involving real estate and first lien/second lien transactions. Since joining Katten, she has established strong client relationships as she continues to build her practice, which she names among her most important achievements.

In addition to her work in the leveraged loan space, currently Ramirez’s work includes developing bespoke financial arrangements for private investment funds, which she has found to be challenging and interesting; as she says, it’s rewarding to work on something new in a world where most of the strategies have been done before. Specifically, she has seen exciting new trends and innovative solutions for creating leverage for private investment funds. “It will be interesting to see how private investment funds continue to find unique ways to leverage their portfolios,” she says.

Finding Balance as She Enters a New Chapter

As Ramirez points out, women often try to be the best at all their varied roles—mom, wife, caregiver or employee—and it can be hard to balance all that at any one time, given the competing demands. As she is due with her first child in early September, she has seen a lot of women go through this new life stage and knows how challenging it can be. “It takes effort to balance our desire to want to excel in all areas, including our personal lives.”

She encourages younger women to stay the course—even when it can be harder to see the path forward—especially if working in male-dominated industries. While it can be demanding and you might often feel pushed to your limits, she has found the pay-off is worth it if you stick with it rather than veering onto another path.

And she reminds women who have succeeded as attorneys to always be supportive of one another, the same way that they are the best advocates they can be for clients. She particularly appreciates when other young moms offer advice, and she is able to build a community around that commonality.

That’s why Ramirez encourages younger attorneys to foster relationships with other female attorneys and keep them strong. “You never know when your paths will cross again,” she says. “I would not be where I am without the relationships I have built,” she says, encouraging fellow attorneys to stay in touch even after they’ve left a particular firm or are no longer working together.

A Focus on Diversity and Inclusion Extends Outside Her Work Day

Ramirez is an active participant in Katten’s Women’s Leadership Forum, a women-focused group that hosts events designed to support female attorneys in their career development. “It’s a relatively smaller group, so it’s easy to get to know people better in this type of setting; as a new partner I felt very welcome,” she says, adding that they have been extremely supportive regarding her pregnancy and upcoming maternity leave.

As a diverse attorney, Ramirez has a strong history of pro bono service in Southern California, ranging from assisting domestic violence victims with U visa applications to helping families with adoption petitions. She has always felt a philanthropic tie and prioritizes giving back as a board member for Public Counsel, the largest pro bono firm in the country. Based in Los Angeles, the firm tackles issues of homelessness, adoption, consumer fraud, immigration matters and more working with its pro bono partners including Katten. “It’s important for me as a minority female partner to look out for others and the issues that are important to them.”

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Voice of Experience: Karen Nelson, Partner, Katten

Karen NelsonPerspective is a wonderful thing, finds Katten’s Karen Nelson.

“It’s natural to get wrapped up in stressful aspects of deals, and as young lawyers, it’s easy to become overwrought when things aren’t going perfectly,” she said. “However an accumulation of experience helps you see that everything is resolvable, and we can work through it. It allows you to maintain that sense of calm and confidence that clients need.”

Relationships as the Core

Nelson has achieved this perspective throughout her career, which began in Chicago after she graduated from Northwestern University School of Law, relocating to Charlotte in 2006. A commercial real estate finance attorney, Nelson has been at Katten’s Charlotte office since 2012, where she has advised some of the largest commercial and investment banks, insurance companies and real estate investment trusts (REITs) across the country, leading large and complicated finance transactions on behalf of her clients. Nelson’s success stems from not only her diligence and business-savviness as an attorney and skillful practitioner in the real estate industry, but also her belief in the value of fostering relationships with her clients and getting to know their business as if they were her own.

In fact, those long and deep relationships represent the professional achievement she is most proud of. “The best part of my job is being fully integrated with these clients, in relationships I developed professionally and that have become personal as well, as we have worked together for more than a decade,” Nelson said. Her case load has continued to expand, and that is a continuing inspiration as she strives to further grow her practice.

Expanding Roles for Women

Both the firm as a whole and the Charlotte office of Katten are highly female-friendly, Nelson says, which has been helpful for her career. But what she’s found interesting and gratifying over the past decade is the increase in females throughout the industry—as clients and attorneys on the other side of deals. “It’s been noticeable, and now many deals might be driven completely by women, from in-house counsel to the attorneys on both sides. It’s been exciting to see that trend as more women populate the industry,” she said.

At Katten, Nelson has been active in the Women’s Leadership Forum where she leads a team in developing programs to assist female attorneys with defining, achieving and managing their career goals. She particularly enjoys participating in the annual events where members of the firm convene both for industry trainings and to build their exposure within the firm.

As part of the forum’s national mentoring panel, Nelson advises women attorneys on how to develop good business relationships, including connecting with others who are at their same level at client organizations, and shares her advice and experience regarding managing a family and a practice.

Nelson sees unending opportunity for young women attorneys, and advises them to trust their knowledge and capabilities, and not be hesitant to leave their comfort zone. “If you have ambition to grow your career, don’t be afraid to take a leap and see how it can bolster your trajectory,” she says.

As women progress, she says there is a natural pressure point once you’ve achieved the level you’ve strived for. “It can become even more important to search for that balance, as more is demanded of you as you move up the ladder,” she says. She recommends that women focus on even just taking a short break to walk outside and feel the sunshine and get re-energized before returning to a project. “Sometimes those five minutes can make all the difference,” she notes.

Nelson offers that advice from a place of experience. As a mother of two kids, ages six and eight, she devotes the majority of her time outside of work to them, while finding time to release stress through activities like climbing.

“It’s been very important for me to be at a place where I could have a meaningful, successful career and not miss out on life’s events. I strive to lead by example in my commitment to work-life balance and career development. Simply put, managing and expanding my practice while making sure that I have time for my growing family is my number one priority,” Nelson said.

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