Herbert S. Wander is co-chair of Katten's Corporate Governance practice and concentrates on all aspects of business law, especially corporate governance, securities law and mergers and acquisitions transactions. He is the chief legal architect for many major M&A transactions, both negotiated and hostile. Chambers USA notes that "Wander is viewed as an influential presence in the corporate community. He is 'very highly regarded' for his expertise in securities, corporate governance and M&A matters."
In December 2004, Herb was appointed by then Securities and Exchange Commission (SEC) Chairman William H. Donaldson as one of the co-chairs of the SEC’s Advisory Committee on Smaller Public Companies to examine the impact of the Sarbanes-Oxley Act on smaller public companies. The Advisory Committee published its Final Report in 2006 and many of its recommendations were implemented by the SEC and Congress. The SEC also invited Herb to be one of two lawyers to present at the SEC’s April 2001 Regulation FD Roundtable.
Herb also represents boards, independent directors and audit committees at numerous public companies. He serves as a director, chair of the compensation committee and audit committee member for non-client Telephone and Data Systems, Inc., a $3.2 billion public market cap telecommunications company, and served as a director and secretary of Advance Ross Corporation, a publicly held corporation, before its sale. He has served two terms as a member of the Legal Advisory Committee to the New York Stock Exchange Board of Governors and as a member of the Legal Advisory Committee to the National Association of Securities Dealers, Inc. In 2015, he was one of the founding trustees of the newly formed American College of Governance Counsel.
An accomplished lecturer, Herb frequently speaks at various business and legal organizations, including NIRI, the National Association of Corporate Directors, American Law Institute-American Bar Association, Practising Law Institute, including the annual Securities Regulation Institute, the Corporate Counsel Institute and Ray Garrett Jr. Corporate and Securities Law Institute at Northwestern University, Northwestern Law's annual Securities Regulation Institute in San Diego, many state and city bar associations and other professional and business organizations.
In addition, Herb has authored numerous articles and book reviews published in the Yale Law Journal, The Business Lawyer, the Southwestern Law Journal, the Northwestern University Law Review, the Review of Securities and Commodities Regulation, INSIGHTS and the New York Law Journal and served as co-editor of Selected Articles on Federal Securities Law, published by the Business Law Section of the American Bar Association (ABA). He served on the editorial board of the Yale Law Journal and authored two articles for that publication. He was the first editor of the Business Law Section’s magazine, Business Law Today, and served as editor of volume 49 of The Business Lawyer. Herb annually publishes a comprehensive article on "Securities Law Disclosure After Sarbanes-Oxley, Dodd Frank and the JOBS Act."
Herb served as chair of the ABA's 53,000-member Business Law Section from 1995–96 and continues to serve on numerous bar association committees. He is a past chair of the Business Law Section’s Corporate Laws Committee, which in 2007, under his leadership, published the influential Corporate Director’s Guidebook (5th Edition). Herb has served as president of the Jewish Federation of Metropolitan Chicago and the Jewish United Fund. He was appointed by the president of the ABA to serve as one of 12 members of the ABA Commission on Multidisciplinary Practice in 1998 and to serve as one of nine members on the ABA Task Force on Attorney-Client Privilege in 2004.