Financial Times | October.06.2016
Orrick Rambaud Martel Senior Associate Lise Damelet is named Financial Times’ Young Innovator of the Year in the 2016 Innovative Lawyers Report Europe. The award recognizes Lise’s work driving structural innovation in the French legal market as co-founder of the Paris Bar Incubator. In addition, Orrick Rambaud Martel Partner Marine Lallemand is commended in the report for her team’s innovative defense of the first mass securities litigation in France.
The FT Report notes: “The judges chose Lise as the overall winner for her achievement in the particularly hard task of convening thinkers and starting an incubator to push for change in France’s conservative legal market.” Lise collaborated with the Paris Bar Association to co-found the first legal incubator in Europe aimed at promoting, supporting and fostering innovation in law firms and legal startups. In addition to its advocacy work, the Incubator has a Think Tank that is sparking conversation among lawyers, legal directors and academics, while also studying trends such as the effect of the digital revolution on lawyers.
Marine and the ORM team, which includes associate Joy Araman, are “highly commended” by the FT for their successful representation of French retailer Marionnaud in the first mass securities litigation in France. After nearly 10 years of litigation, the Paris Court of Appeals issued a landmark decision in Marionnaud’s favor and provided much needed clarity to France’s statute of limitation law.