wpostServer: http://css.washingtonpost.com/wpost
Robert H. Smith School of Business
The Motley Fool

Market Foolery Featured Podcasts

  • MarketFoolery 04.17.14
    When a company has legal problems, what does it mean for investors?  What does Yelp’s case before the Virginia State Supreme Court mean for Google and TripAdvisor?  And what does Adam Carolla’s legal battle mean for the future of the MarketFoolery podcast?  We tackle those questions and the exciting world of space law with Assistant General Counsel Chris Harris.
  • MarketFoolery: 04.16.2014
    We analyze the world of digital media, including Pandora, iTunes Radio, Spotify with Audiam CEO Jeff Price.  Plus, Jeff discusses how Netflix, Amazon, and many more are fighting in the “Battle for the Living Room”.
  • MarketFoolery 04.15.14
    We discuss the energy industry landscape, including Big Oil, natural gas, solar stocks and more with analyst Taylor Muckerman.  Plus we look at Chesapeake Energy one year after Aubrey McClendon left the CEO office.    
Capital Business
Posted at 11:17 AM ET, 08/28/2013

In early efforts to host 2024 Olympics, D.C. group turns to local law firm Akin Gump

Last November, months before the rest of the city caught wind that the nonprofit group DC 2024 was exploring efforts to have Washington host the 2024 Olympics, Akin Gump attorney Tony Pierce got an e-mail from Bob Sweeney, president of the Greater Washington Sports Alliance who is leading the charge for the Olympics bid.

“He reached out to me to see if we would support the effort and be the law firm to help form the organization,” said Pierce, partner in charge of Akin Gump’s Washington office.

Pierce and his colleagues Howard Jacobson and Ken Alderfer advised on how to incorporate DC 2024, a 501(c)(3) nonprofit. They will now shift their focus to advising on fundraising issues as the group looks to drum up financial support.

“There’s going to be a myriad other issues likely to come up as this organization does its fundraising, which is going to be all private money,” Pierce said. “Once that is done and the organization has sound financial footing, we will then advise it on all kinds of other issues including [intellectual property] issues like licensing, and some policy issues as we make sure we have right level of government support.”

Down the road, those could include issues arising from corporate sponsorships, advertising and supplying apparel and beverages at the Games.

Akin Gump, one of the largest law firms in the city, is doing the work on a pro bono basis. Pierce said he may later reach out to other law firms if the need arises.

Pierce also serves on the board of DC 2024, and is secretary for the Greater Washington Board of Trade, which is involved in the Olympics initiative.

“I’m a native Washingtonian and Akin Gump is a great business in the region and we’re very active in the business community,” Pierce said. “We wanted to help when asked.”

By  |  11:17 AM ET, 08/28/2013

Read what others are saying

    © 2011 The Washington Post Company