2021 Leaders in Law Finalists: public company

Elina avakian
Senior lawyer
Snap inc.

Elina Avakian is Senior Legal Counsel at Snap Inc., the company that owns Snapchat, Bitmoji, and Spectacles, and has been with the company for over five years. Prior to joining Snap in 2016, Avakian practiced in Dublin, Ireland in the commercial legal team of Mason Hayes & Curran, an Irish tier 1 law firm specializing in technology, media and telecommunications. She also completed an extended internal secondment to Facebook with their Irish Commercial Legal team.

At Snap, Avakian works within the Technology Platforms and Ecommerce sales team and supports internal clients in teams across Snapchat, Bitmoji and Spectacles. She also brings her expertise and innovative approach to the global payments and e-commerce space, which is a constantly evolving field with new regulations and requirements. His subject matter expertise and creative negotiation strategy allow him to close a large number of compelling and strategic deals for Snap Inc. in a stimulating and fast-paced environment.

Caroline galanty
Senior Vice-President – Associate General Counsel
Bank of America

Caroline Galanty started in Bank of America’s legal department 25 years ago as a bankruptcy lawyer in Los Angeles. Today, she supports the Global Commercial Banking, Business Banking / Wholesale Credit, Business Banking Special Assets and Middle Market Special Assets teams in the Western United States. She advises clients on credit structuring, risk assessment and compliance issues that arise throughout the credit life cycle, from origination to restructuring or execution.

Counseling at opposite ends of the credit life cycle creates a certain synergy. This gave Galanty unique visibility into the respective (and different) skills of the two companies, their risk appetite, their communication styles and their processes. The recent massive influx of troubled loans caused by the pandemic has tested these differences in unprecedented ways. His field of vision allowed him to see opportunities to leverage resources to more effectively manage the legal needs of this growing pool of credits.

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