Paul has practiced at the Firm since 1984, and has been a partner since 1989. He specializes in banking and securities law matters, including related legislative and regulatory issues.
Between 1984 and 2000, Paul’s practice concentrated on legislative issues affecting the financial services industry, particularly as they relate to the banking activities of securities firms. During that period, he represented one or more of the national securities firms on all major legislation intended to restructure the relationships within the financial services industry, including the Gramm-Leach-Bliley Act of 1999.
As a result of his work as lead legislative counsel for the securities industry on the 1991 law that regulates the brokering of deposits, and his representation of the industry in negotiating the FDIC regulations implementing the law, Paul is nationally recognized as an expert on brokered deposit products, including certificates of deposit and various deposit account "sweep" arrangements. He advises financial services firms on regulatory compliance, program documentation and state law issues. He also works with the federal securities and banking regulators to obtain necessary interpretive guidance.
Paul was Legislative Assistant to Congressman Mark W. Hannaford in 1976 and 1977. He has served as counsel to the Securities Industry Association’s Brokered Deposit Committee and the National Commission on Saving and Investment in America.
Paul was an organizer of Bank 2000, N.A. and served as a member of its Board of Directors from 1985 – 1990. He has served on the California State Society’s Board of Directors, and was the Society’s President in 1986. He was a member of the Board of Directors of the Washington Chamber Symphony and has served as President of the Berkeley Alumni Club of Washington, D.C. He is currently a member of the Advisory Board of the Berkeley Center for Law, Business and the Economy and the National Advisory Committee of the National Museum of Women in the Arts.