Fasken hires top technology lawyer Marc Shewchun from rival Blake, Cassels & Graydon LLP
“Marc brings a wealth of knowledge on the innovation economy, and will complement the services Fasken delivers to the tech sector,” Mr. Shaw said in an interview. Mr. Shewchun earned a graduate degree in aeronautics at the Massachusetts Institute of Technology prior to becoming a lawyer.
Fasken is hiring at a time when the domestic tech industry faces significant headwinds, including a moribund market for initial public offerings, which are a common source of cash for companies trying to scale up their operations and a lucrative business for law firms. While IPOs were rare, overall investment in the domestic tech sector was robust in 2022, with CVCA data showing institutions and individual investors had $10-billion committed
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