Press Releases

For Immediate Release
Contact: Melinda M. Bascone
Director of Marketing
Carter Ledyard & Milburn LLP


--Marks Growth for Corporate and Litigation Practices--

NEW YORK, January 7, 1999 -- The Wall Street law firm Carter, Ledyard & Milburn announced that Alan J. Bernstein and Richard G. Pierson have been named partners of the firm. It was also announced that John F. Cahill and Mary S. Diemer became Counsel to the firm. In recent years, Carter, Ledyard's partner-level staffing has grown by 25%, from 43 partners and counsel in 1994 to 54 partners and counsel today.


Alan J. Bernstein
Corporate Law

Alan J. Bernstein's corporate practice focuses on transactions for high technology companies. His work includes mergers and acquisitions, representing buyers and sellers in negotiated stock and asset purchases, public offerings and private placements, representing issuers and underwriters in initial public offerings, secondary offerings, venture capital investments, technology licensing, joint ventures and corporate partnering arrangements. He was formerly a partner with Bingham Dana LLP. Mr. Bernstein, 45, received his J.D. from Boalt Hall School of Law, University of California at Berkeley in 1983 and his B.A. from Stanford University in 1976. Mr. Bernstein will practice in New York. He resides in Manhattan.

Richard G. Pierson
Corporate Law

Richard G. Pierson practices general corporate law with emphasis on public and private mergers and acquisitions, representing buyers and sellers in negotiated stock and asset purchases, venture capital investments, joint ventures, initial public offerings and other public and private securities and debt offerings. He represents multinational corporate clients in complex domestic and international transactions, including transnational joint ventures, licensing, manufacturing, distributorship, and agency arrangements, intellectual property matters, and general commercial contracts. He was previously an associate at Carter, Ledyard. Mr. Pierson, 32, received his J.D. from New York University School of Law in 1991, and his B.S. in Finance and Marketing magna cum laude from Boston College in 1988. Mr. Pierson will continue to practice in New York. He resides in Flanders, New Jersey and Manhattan.

"We are very pleased to have added Rich Pierson and Alan Bernstein as Partners and Jack Cahill and Mary Diemer as Counsel to our firm," said Robert A. McTamaney, Chairman of Carter, Ledyard's Corporate Department and a member of the firm's Executive Committee. "This group reflects the firm's continuing commitment to provide our clients with direct partner access to handle all of their legal matters."


John F. Cahill

John F. Cahill was formerly Group Counsel at USF&G Corporation where he led the legal group responsible for handling national environmental and toxic tort related insurance coverage and defense. He was also responsible for the company's Information Technology segment and served as co-chairman of USF&G'S Year 2000 Action Committee. Mr. Cahill will focus his practice on complex commercial litigation and regulatory matters with an emphasis on matters involving information technology, telecommunications, environmental, and related insurance issues. Before joining USF&G, he was a shareholder with Hazel & Thomas, P.C. Mr. Cahill, 46, received his J.D. cum laude from Georgetown University Law Center in 1983, M.S. in Microbiology from University of Virginia in 1977, and B.S. from Manhattan in 1974. Mr. Cahill will practice in Washington, DC. He resides in Towson, Maryland.

Mary S. Diemer

Mary S. Diemer's complex commercial litigation practice focuses on securities, telecommunications and banking matters. Ms. Diemer, 35, received her J.D. cum laude from Boston University School of Law in 1988, and her B.A. cum laude from George Washington University in 1985. Ms. Diemer will continue to practice in Washington, DC. She resides in Gambrills, Maryland.

Carter Ledyard & Milburn LLP (, established in 1854, has approximately 90 attorneys and has been headquartered on Wall Street since its founding. Carter Ledyard's general practice includes corporate, securities, mergers and acquisitions, broker-dealer, on-shore and off-shore hedge and other alternative investment funds, private equity, litigation, intellectual property, environmental, employment, media and technology, immigration, investment regulation, antitrust, art law, trusts and estates, maritime, ERISA, tax-exempt organizations, real estate, tax and bankruptcy. A significant part of the firm's practice involves representing overseas-based clients and their U.S. affiliates, financial institutions and other financial services providers, governmental entities and media and technology clients.

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