“Growing Financial Services Firm Reshuffles Legal C-Suite”
Silk’s hire by Beneficient, an alternative asset manager that caters to wealthy clients by turning nonliquid assets into cash, was announced Dec. 3, one day before Thompson & Knight said Beneficient’s general counsel, Jessica Magee, had returned to the law firm as a partner.
Magee, who joined Beneficient as general counsel last year, told Bloomberg Law in an email that she missed investigative and trial work. “The opportunity to do that at Thompson & Knight and also continue to advise Beneficient is an exciting opportunity,” she said.
Thompson & Knight’s statement touting Magee’s hire noted that Beneficient is a client of the Dallas-based firm and highlighted her role in assisting the company’s board and senior leadership on a “wide array of legal, regulatory, and corporate governance issues,” as well as “numerous strategic transactions.”