Am Law 200 firm Brown Rudnick has just elected its youngest ever CEO.
At 41, tax partner Vincent Guglielmotti becomes the youngest partner to serve as chief executive of the firm, succeeding William Baldiga, who has led the firm since 2019.
Baldiga’s successor was only one year old when Baldiga joined Brown Rudnick. Baldiga joined in 1983, while Guglielmotti joined the firm as an associate in 2008, making partner in 2013. Since 2019 Guglielmotti has served as managing director of the firm’s corporate and capital markets department.
Guglielmotti, who is based in New York, will continue his tax practice, advising clients on M&A and assisting debtors, creditors and investors who restructure, acquire and sell financially-troubled entities.
“My clients aren’t getting rid of me that easily,” quipped Guglielmotti. “We still have too much work to do. But I look forward to hearing from them on how we can further improve our service in these rapidly changing times.”
Brown Rudnick, ranked 146th in the 2021 Am Law 200 leaderboard, turns 75 anniversary next year. It has six offices in the United States—Boston; New York; Irvine, California; Hartford, Connecticut; Providence, Rhode Island; and Washington, D.C.—as well as in London and Paris. Guglielmotti said the firm has succeeded due to a culture based on teamwork, collaboration and a “shared passion for providing zealous advocacy, deft commercial representation, and superior service to our clients.”
Under Baldiga’s leadership, Brown Rudnick recorded its best-ever revenue and profits. In 2020, total revenues were $218 million. That number ostensibly held steady last year, at $216 million. Headcount growth has increased at the firm for five consecutive years, presently at around 230, according to Am Law data. Profit per equity partner last year was $1.3 million, with revenue per lawyer hovering at $1.1 million.
Baldiga remains at the firm and returns full time to his restructuring practice.
Brown Rudnick has lately had a string of high-profile wins and matters on its docket. Earlier this month, one of the firm’s litigation teams won a jury verdict for actor Johnny Depp in his defamation trial against ex-wife Amber Heard. It is also representing the Official Committee of Talc Claimants in the country’s largest bankruptcy case—the Chapter 11 filing of Johnson & Johnson’s LTL Management.