Raptors return on investment is the real dealMLS Cup the winning goal in record-breaking season for soccer in North AmericaNorth America’s oldest sport catches momentum in new professional localesCanadian Football League fanatics fuel financialsCanada’s Davis Cup team finding love -- Richard DeScherer, a longtime partner at New York-based law firm Willkie Farr & Gallagher who represented Michael Bloomberg and his company, Bloomberg LP, virtually from its inception in the early 1980s, has...
Thomas Cerabino, chairman of Willkie Farr, called DeScherer “a terrific business lawyer and a respected leader of our firm for more than two decades.” “I don’t have a corner office anymore,” he observed in remarks at a 2015 Bloomberg Law event. “Indeed, I don’t have an office, period — which is the Bloomberg way.”He gave his first legal advice to Michael Bloomberg just as Salomon Brothers, where Bloomberg had been working, was shedding him and other partners in preparation for its 1981 sale to Phibro Corp.
Outside the office, DeScherer spent many years as president of the S.L.E. Lupus Foundation, which merged with two related organizations in 2016 to form the Lupus Research Alliance, of which he was co-chairman. “I do it for Jennie,” he told the New York Sun in 2005, referring to his wife, who had been diagnosed with the inflammatory autoimmune disease decades earlier.
His mother was a nursery school teacher. Her family ran a drug wholesaler, Kaltman and Co., which is where his father worked.DeScherer studied political science at the University of Virginia, graduating in 1966. He and the former Jennie Levkoff married in 1967. He earned his law degree in 1969 from Georgetown University and added a master of law degree in taxation from New York University in 1970.
He left for Willkie Farr in 1987. That move was fortuitous: A year later, Finley Kumble went bankrupt in what the New York Times called “the most spectacular debacle in the history of the corporate bar.”
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