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On Monday, Venable announced a new management team and several leadership appointments. Brian Schwalb has been named Vice Chairman and Lindsay Meyer and Bob Waldman have been named Co-Managing Partners. Karl Racine, who served as Managing Partner for the last six years, will return to his white collar and commercial litigation law practice.

News of the new management team lead the February 14, 2012 edition of The AmLaw Daily’s “The Churn.” Commenting on the new leadership team and structure, Waldman said, "In creating our management structure, we wanted to make sure we reflected the diversity and structure of our firm. The overall theme is that as the firm has grown and become more complex, management challenges continue to grow."