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Women's History Month Employee Spotlight | Abigail Peabody & Krista Warren

Blog Post

In honor of Women’s History Month, and as part of BMD’s ongoing diversity and inclusion efforts, we are featuring two of our female attorneys with an employee spotlight.

Abigail Peabody and Krista Warren both handle a wide range of legal matters, construction law and litigation being shared areas of focus.

Q: How would you describe your experience working in the legal industry?

Abby: My experience has been both challenging and fulfilling.

Krista: Challenging, invigorating, and rewarding. The best part (and sometimes the most complicated part) is that oftentimes no two legal issues are the same. I find the problem-solving aspect of my job to be energizing, and helping clients solve various legal issues through different channels (State Court, Federal Court, ADR such as mediation and arbitration) to be rewarding.

Q: What influenced you to pursue the construction industry as one of your areas of focus?

Abby: Some of my very first assignments as a first-year attorney were defending design-professionals against errors and omissions claims. These early experiences gave me a deep appreciation for design professionals and their commitment to inclusivity and diversity in their profession.

Krista: I enjoy construction law cases because it frequently puts your problem-solving skills to the test from the onset of the case. I have worked primarily in construction defect cases where a problem (oftentimes significant) is identified, and we must diligently work backward to determine the root cause(s) of the problem. I have genuinely enjoyed getting to know and understand the various aspects and elements of construction, including architectural, engineering, and all the specialized in-betweens (e.g. geotechnical engineering). Said otherwise, in construction law, you get to learn a little bit of everything, which I find pleasing.

Q: As a woman, what are some of the most significant barriers you had to overcome to thrive in this industry? How did you overcome them?

Abby: As a woman working in the legal industry, particularly dealing with construction-related matters, I’m often the only woman in the room. I use this to my advantage by providing a different perspective for our clients.

Krista: As a younger female litigator, one of the challenges I identified early on in my career was that oftentimes I am the youngest and only female in the room, which kicked feelings of imposter syndrome into overdrive. With time, I was able to prove to myself that who else was in the room didn’t really matter, so long as I had spent time preparing for whatever it may be (depositions, hearing, mediation, etc.) to promote the client’s interest.  As cliché as it is, everything gets easier with time and practice. This is a mantra that I still live by when I am doubting myself in situations for no reason but my own projections.

Q: Since you have been in the legal industry, how have you seen the industry change in relation to women in the field?

Abby: I can’t speak for the legal industry at large because I’ve only been practicing for 3 years. But since I’ve started practicing, BMD has demonstrated its commitment to supporting its women lawyers through the creation of our Empowerment & Opportunity Committee, which aims to foster a sense of belonging and respect so that everyone is empowered to work, act and be their authentic selves.

Krista: I have a few fun anecdotes, but most recently, I was taking a deposition a few weeks ago and everyone in the room aside from the deponent (three lawyers, a law clerk, and the court reporter) was a woman! I think it is fair to say that women lawyers are truly “pulling up a chair to the table”, and it’s very exciting to both be a part of and witness it happening.

 Q: What piece of advice would you give to aspiring female attorneys?

Abby: Advocate for yourself! Women attorneys passionately advocate for their clients; but all too often, they may not advocate for themselves when it comes to seeking professional growth opportunities.

Krista: Neither your sex, gender, nor any other physical quality/trait defines your ability to be a great attorney. Remind yourself of what you have accomplished so far in your journey to becoming an attorney, and continue to work hard in whatever it is that you’re doing! Be proactive and seek out opportunities for you to grow (either as a lawyer - or on your path to becoming a lawyer) – don’t wait for the opportunities to come to you.

 Q: What does Women’s History Month mean to you?

Abby: In June 2022, the U.S. Supreme Court overturned Roe v. Wade, abandoning its duty to protect the rights of women to make personal decisions about family, relationships, and bodily autonomy. This marks the first time in history that the Supreme Court has taken away a fundamental right. This year for Women’s History Month, I’m reminded that although women have come a long way in the fight for equality, there is still much work to be done in order to achieve and protect the rights of women and girls. We must constantly advocate for our right to live free from violence and discrimination; to earn an equal wage; to receive the highest possible standard of physical and mental health; and to be educated.

Krista: Women’s History Month is an important reminder that so many women before me have fought for the equalities that I do have, and so many women beside me and after me will continue to advocate against inequalities that women are actively experiencing locally, nationally, and globally.

 Q: Is there a woman in your life that inspires you? Who?

Abby: My mom – her infinite wisdom is a constant source of inspiration.

Krista: My mom is my best friend and one of the strongest women I know. I recall conversations with my mom from a young age where she emphasized the importance of independence, hard work, and grit. Without her guidance and support, I would not be where I am today.

               


Fluresh Cannabis’ Bank Loan: Moving Into the Mainstream

The announcement by Fluresh, a vertically integrated Michigan based cannabis business, of the closing of loans from a federally insured commercial bank totaling almost $50 million represents an important landmark for both Fluresh and the cannabis industry writ large. For Fluresh, perhaps as important as the bottom-line benefits of lower cost financing, the fact that its operations and financials passed muster with a substantial commercial bank can be regarded as an important rite of passage. For the industry, it reflects its inexorable movement out of the shadows and into the mainstream. This substantiates the view that, whether or not any of pending the federal legislation is enacted, bank lending to the cannabis industry will continue to accelerate.

Out of the Shadows | An Investor Summit Recap

After a COVID hiatus of more than 2 years, I rejoined the institutional cannabis investment speaker circuit, offering the closing remarks at the Kahner Global Cannabis Private Investment Summit in Coral Gables, Florida. My remarks addressed how banking developments are increasingly impacting cannabis investment, operating and financial strategies and decisions, for both plant touching and the growing array of ancillary businesses serving the industry.

BMD Announced in Best Law Firms 2022 List

We are excited to announce that BMD is included in the 2022 Edition of U.S. News – Best Lawyers “Best Law Firms,” recognized for professional excellence with consistently impressive ratings from clients and peers. The full firm report is included.

Key Takeaways from BMD’s Banking and Cannabis Webinar

Estimates have shown that the cannabis industry is one of, if not the, fastest growing industries in the United States in recent years, with no sign of slowing. Growth requires capital. Banks need loans, and cannabis companies, which are rapidly becoming bankable need access to lower cost bank lending. While cannabis remains federally illegal, an impediment to access to financial institution credit, banks and credit unions are nevertheless entering the market in increasing numbers.

American Heart Association's 2021 Go Red For Women

The BMD Season of Giving in 2020 was a great way to help out organizations that help others. Continuing community involvement in 2021, we will be looking to the American Heart Association's Go Red for Women campaign. Healthcare and Hospital Law Member and Vice President Amanda Waesch is the Chair of Go Red for Women for the American Heart Association, which is kicking off the 28 days of Heart Health. Show your support on February 5th with “Wear Red and Give” Day. Consider hosting a Jeans Day every Friday in the month of February at your place of business in support of Go Red For Women, even encouraging remote employees to participate. Snap a pic of your team members in their red gear and post on social media (socially distanced in person or a virtual group photo will work, too!) – see the toolkit here for sharing on your favorite social platforms. Click here to learn more and donate to the GRFW Campaign.