Chicago Office
Tel: (312) 715-5028
Fax: (312) 632-1797

James I. Kaplan

Partner

James I. Kaplan is a senior banking lawyer and a member of the firm’s Business Law Practice Group. Jim has extensive experience in financial services, regulatory matters, bank and financial services’ mergers and acquisitions and other transactional matters, as well as complex financings and workouts, compliance, data privacy and cybersecurity, financial services litigation, and shareholder and governance matters.

Jim is a former General Counsel of Brown Brothers Harriman & Co and Associate General Counsel of The Northern Trust Company. He has deep and specific expertise advising businesses in the wealth management, fiduciary (including custody and securities servicing) and international financial industries.

Representative Experience

  • Advice to major bank on its national and international expansion programs, including acquisitions in the investment management, mutual fund, securities servicing and fiduciary spaces.
  • Advice to major bank on setting up de novo national banking and wealth management entity, and counsel on related regulatory issues.
  • Advice to leading bank service provider on regulatory aspects of its unique, $100 million plus, and sizable acquisition of major bank’s chartered entity by a non-bank.
  • Counsel to seller of a community bank in the Midwest with purchase price in $30 million range.
  • Counsel to a large national services business on national expansion of their fiduciary business on a federally regulated platform.
  • Counsel to European manufacturing company purchasing the controlling interest in a U.S. financial services joint venture from its JV partner, a large U.S. bank.
  • Advice to major U.S. banking institution on its handling and response to supervisory action by its regulator relating to Anti-Money Laundering, including development of a comprehensive AML/KYC program.
  • Advice to leading global bank, with over $300 million in assets, on its correspondent banking activities in Europe, Latin America, Asia and Australia.

Legal Services

  • Business Law
  • Commercial Financial Services
  • Banking & Financial Institutions
  • Asset Management
  • Bank Regulatory and Corporate Organization & Governance
  • Finance
  • Mergers & Acquisitions
  • Data Privacy & Security

Education and Honors

  • Harvard University (A.B., magna cum laude, 1977)
  • Phi Beta Kappa

Bar Admissions

  • Illinois
  • New York

Professional and Civic Activities

  • American Bar Association (Member)
  • Chicago Bar Association (Member)
  • New York State Bar Association (Member)
  • New York City Bar Association (Member)
  • Clerkship, Judge Milton I. Shadur, United States District Court, Northern District of Illinois (1981–1982)
  • University of Chicago Law School Council (Member)
  • American Jewish Committee, Regional Board Member and Vice President
  • University of Chicago Law School Public Interest Advisory Board
  • Northwestern Law School Bluhm Legal Clinic Center on Wrongful Convictions (Advisory Board Member)

Professional Recognition

  • Selected as an Illinois Leading Lawyer - Leading Lawyers Network, 2017–present (Banking & Financial Institutions)
  • Martindale-Hubbell AV® Preeminent Peer Review Rated
  • 2011 Jane Beber Abramson Award for extraordinary dedication to pursuing justice for the wrongfully convicted (presented by Northwestern Law School Clinic Center on Wrongful Convictions, December 15, 2011)
  • 2016 Michael Gonring Award from Quarles & Brady LLP, Pro Bono Partner of the Year.

Publications and Presentations

11/07/18
"Review: Q&A: Chicago Law Professor Justin Driver Talks About His Book, The Schoolhouse Gate"
The National Book Review

04/05/18
"Review: Steven J. Zipperstein, Pogrom: Kishinev and the Tilt of History"
The National Book Review

11/29/17
"Review: Kurt B. Anderson, Fantasyland: How America Went Haywire"
The National Book Review

10/31/17
"Review: Danielle Allen, Cuz: The Life and Times of Michael A."
The National Book Review

07/13/17
"Review: Richard Rothstein, The Color of Law: A Forgotten History of How Our Government Segregated America"
The National Book Review

05/16/17
"Practical and Ethical Pitfalls: E-Mails, Blogs and Social Media"
Quarles & Brady LLP (with Kathleen McCarthy and Lauren Hurley)

04/21/17
"Review: Q&A: Chicago Law Professor Geoffrey Stone Talks About Sex and the Constitution”
The National Book Review

03/08/17
"What Covered Financial Entities Need to Know About New York’s New Cybersecurity Regulations"
Cybersecurity Law Report

02/10/17
"Review: Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street"
The National Book Review

01/19/17
New York Refines Proposed Cybersecurity Regulations for Financial Institutions
Financial Institutions Alert

10/31/16
"Proposed Federal Cybersecurity Rules"
Safe and Sound

10/28/16
Proposed Federal Cybersecurity Rules
Financial Institutions Law Update

10/11/16
New York Proposes New Cybersecurity Regulations for Financial Institutions
Financial Institutions Law Update

06/29/16
Proposed Rules for Incentive-Based Compensation at Financial Institutions
Financial Institutions Law Update

06/15/16
"Is Your Company Complying with the SEC’s Safeguards Rule?"
Safe and Sound

03/09/16
"No Breach Required: CFPB Conducts First Data Security Enforcement Action"
Safe and Sound

01/12/16
2016 Financial Services Media Roundtable
Quarles & Brady LLP

10/28/15
"Review: Dennis Ross, Doomed to Succeed: The U.S. - Israel Relationship from Truman to Obama"
The National Book Review

10/15/15
"Review: Bethany McLean, Shaky Ground: The Strange Saga of the U.S. Mortgage Giants”
The National Book Review

09/22/15
"Expressing Yourself the Best Way in E-mails (and otherwise)"
Fifth Third Bank, Conference (Louisville, KY)

06/22/15
CFPB to Delay TRID Implementation by Two Months
Financial Institutions Law Update

02/12/15
​CFPB Proposes Modifications Relating to Small Creditors and Rural and Underserved Areas Under the Truth in Lending Act (Regulation Z)
Financial Institutions Law Update

01/23/15
​CFPB Makes Modifications to "Know Before You Owe" Mortgage Disclosure Rules
Financial Institutions Law Update

01/21/15
Supreme Court Eases TILA's Rules For Mortgage Rescissions
Financial Institutions Law Update

01/06/15
FDIC Issues New Guidance on Brokered Deposits
Financial Institutions Law Update

11/20/14
"Cybersecurity: What Your Bank Needs to Know from a Compliance, Regulatory, and Risk Standpoint—Part 2"
Office Locations and Webinar

11/01/14
"Family Business Succession Planning"
Illinois Banker Magazine

07/10/14
Financial Institutions Should Tread Cautiously — Whistleblower Protections Remain Plentiful and Strong
Financial Institutions Law Update

06/02/14
FinCEN Advises Financial Institutions on Funnel Accounts and Trade-Based Money Laundering Schemes
Financial Institutions Law Alert

04/25/14
Banks Face Increased Regulatory Scrutiny for Cybersecurity Issues
Financial Institutions Law Update

01/31/14
ICE Benchmark Administration to Become New LIBOR Administrator
Financial Institutions Law Alert

01/31/14
"ICE Benchmark Administration to Become New LIBOR Administrator"
Financial Institutions Law Alert

01/09/14
"Dodd-Frank Amendments to Section 23A are Problematic, Part 2"
Law 360

01/07/14
"Dodd-Frank Amendments to Section 23A are Problematic, Part 1"
Law 360

09/01/13
"Dodd-Frank and Enhanced Regulation of Interest Rate Swaps and Hedges"
The Banking Law Journal

06/06/13
CFPB Amends Ability-to-Repay Rule Exemptions for Some Community Banks
Financial Institutions Law Update

03/07/13
"Gideon's Promise in Nation's False Confession Capital"
Panel Member, CLE Program, University of Chicago Law School (Chicago, IL)