TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
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The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
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It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
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It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
May 15, 2024
Source: Womble Bond Dickinson
May 15, 2024 – Womble Bond Dickinson (US) LLP announced today that Merrick Benn has been elected US Chair and CEO, effective January 1, 2025. Currently a member of the firm’s Global Board, Benn will succeed Betty Temple, who has served as US Chair and CEO since 2016. They will work closely with the Firm Management Committee to ensure a successful transition.
A global finance partner, Benn has 25 years of experience advising clients in equipment finance transactions, including secured financings, cross-border transactions, and structured finance. Since joining Womble in 2009, he has held many prominent leadership positions, which, in addition to his practice, contribute to his strong financial acumen and understanding of the firm's business operations.
Benn was first elected to the Firm Management Committee in 2017, serving for three terms. During that time, he was appointed to the Executive Committee, named US Vice Chair, and served as Capital Markets Practice Group Leader and Co-Chair of the Diversity Committee. Benn is also a former member of the Finance & Administration, Operations, and Budget Committees, the latter of which he chaired for two years.
As US Chair and CEO, Benn will lead the Firm Management Committee, which is responsible for domestic strategy, operations, profitability, and structural organization. He will also co-chair the Global Board of Womble Bond Dickinson (International) Limited alongside UK Managing Partner Paul Stewart, overseeing joint business development and inter-firm collaboration.
“An accomplished lawyer, fearless leader, and true problem solver, Merrick exemplifies the very best of Womble. As US Vice Chair and a member of the Firm Management and Executive Committees, he has been deeply involved in every important decision we’ve made in recent years. He has proven his dedication to Womble and our clients time and time again, and I have every confidence that he will lead the firm to even greater heights,” said Temple. “I would also like to thank our attorneys and legal professionals for their service to the firm. I am immensely proud of what we’ve accomplished over the last nine years and look forward to navigating the firm through a successful transition.”
“Womble achieved great success under Betty’s leadership and continues to be on a tremendous growth trajectory. Our increasing prominence as a leading global law firm has attracted high-caliber talent and fueled strategic expansion into new markets,” said Benn. “I am grateful for the opportunity to lead Womble through its next chapter, building on our strengths and furthering the commitment to our core values – integrity, devotion to client service, and respect for the individual.”
Temple led Womble through a period of transformational expansion, including its combination with UK-based Bond Dickinson, which created an Am Law 100 firm with more than 1,000 lawyers in 32 offices internationally. She also championed lateral and team growth in areas of strong and increasing client demand, a strategic approach that added further depth to the firm's energy and natural resources, global business, financial services, business litigation, and intellectual property practices, among others.
“Betty was pivotal to our transatlantic combination and the ongoing success of our partnership. I can confidently speak on behalf of Womble UK and express our tremendous gratitude for her leadership,” said Stewart. “I anticipate a seamless transition as Merrick steps into his role as Co-Chair of the Global Board, and I look forward to working with him as we continue to bring together colleagues from the UK and US to benefit our growing shared client base.”
During her tenure, Womble reported growth in all major financial performance metrics, including a 42% increase in gross revenue and a 30% increase in revenue per lawyer. The firm also expanded into many of the country’s largest legal markets and innovation hubs – nine in as many years – including Boston, Denver, Houston, Nashville, New York, and San Francisco.
Temple’s appointment in 2016 represented several significant milestones for Womble, including its first female chair and the youngest chair in firm history. At that time, fewer than 10% of Am Law 100 firms were led by women.
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About Womble Bond Dickinson
Womble Bond Dickinson is a transatlantic law firm with more than 1,000 lawyers based in 32 U.K. and U.S. office locations serving clients across every business sector. The firm provides core legal services including Commercial; Corporate; Employment; Dispute Resolution and Litigation; Finance: Banking, Restructuring, Insolvency; IP, Technology and Data; Private Wealth; Projects, Construction and Infrastructure; Real Estate; and Regulatory Law.
“Womble Bond Dickinson,” the “law firm” or the “firm” refers to the network of member firms of Womble Bond Dickinson (International) Limited, consisting of Womble Bond Dickinson (UK) LLP and Womble Bond Dickinson (US) LLP. Each of Womble Bond Dickinson (UK) LLP and Womble Bond Dickinson (US) LLP is a separate legal entity operating as an independent law firm. Womble Bond Dickinson (International) Limited does not practice law. Please see www.womblebonddickinson.com/us/legal-notice for further details.

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