It’s hard not to be cynical observing the legal industry, with the revolving door a particular source of suspicion. A white-shoe law firm position, with its plum salary and prestige, seems a fair reward for a long career in government service. But should you really be working for the types of clients that you were just prosecuting? And how do you prove that you’re qualified to switch sides?
A case in point for this ethical dilemma is Ladan Stewart, who left the SEC’s enforcement division to join White & Case. Her departure in February made a splash. According to a press release published by the firm, Stewart headed the SEC’s crypto and cyber litigation unit and worked on some of the agency’s most “complex and programmatically important” actions, which included lightning rod lawsuits against top crypto companies. Now, she’ll be developing a crypto defense practice at her new firm, as she told Bloomberg in an…
