Rick Jordan, a Dallas-based shareholder and co-chair of the Venture Capital and Emerging Growth Companies (VC/EGC) practice at Am Law 100 firm Polsinelli, has been selected as one of the first-ever honorees in the Legal Innovators category for Texas Lawyer Magazine’s 2020 Texas Legal Awards program.
The Texas Legal Awards is an annual program put on by Texas Lawyer that honors attorneys and judges who have made a remarkable difference in the legal profession in Texas. According to the publication, this year’s new Legal Innovators award category is designed to recognize attorneys and legal professionals who implemented a game-changing innovation for their practice or organization.
“Rick’s commitment to advancing the VC/EGC practice at Polsinelli, as well as supporting the North Texas community of startups, established companies and investors, makes him deserving of this honor,” said Brian Bullard, managing partner of Polsinelli’s Dallas office. “Not only has he helped build a prominent practice spanning 12 offices nationwide, but also he has positioned Polsinelli as a major player in key verticals such as emerging technology, women-owned startups and consumer brands.”
In 2019, Jordan and industry peer Richard Riccardi, a food company veteran and investor, co-founded a new initiative – the Greater Dallas Food & Beverage CPG (Consumer Packaged Goods) community, recently re-branded as DFW CPG (www.dfwcpg.com) – to convene and bolster the regional food-and-beverage (F&B)/CPG sector.
The DFW CPG community comprises early- to late-stage brands, billion-dollar food-and-beverage enterprises, food retailers and investors, and others who serve the industry. DFW CPG provides education and networking opportunities as part of its mission to cultivate the growth of the local ecosystem and propel Dallas-Fort Worth to become one of the leading ecosystems in the United States for consumer packaged goods and ambitious emerging brands.
Jordan also spearheaded planning efforts this year with Austin-based SKU, the nation’s first consumer products accelerator, to support the launch of the Dallas-Fort Worth region’s inaugural consumer products accelerator program over an 8-week period beginning this month. The new SKU DFW program, tailored toward later-stage startups in the F&B/CPG sector, offers best-in-class programming that covers a wide range of topics valuable to F&B/CPG entrepreneurs and is taught by some of the nation’s industry experts, including a kickoff presentation by former Whole Foods CEO Walter Robb.
Earlier this month, SKU DFW and DFW CPG announced the first, select cohort of later-stage startup companies that have been chosen for the inaugural program track, including All Y’alls Foods, Highwave, Meli’s Monster Cookies, mmmpanadas and Re:THINK Ice Cream, along with the 16-year-old founder of Sienna Sauce, who will be auditing the program.
This past year, Jordan and his practice co-chair, Shareholder Adam Hull, led their team to exceed a goal of gaining 100 female-led companies and investment fund clients nationwide by 2020. The VC/EGC practice now helps over 100 women funders and women-led brands, including 17 in Texas, with hurdles in the male-dominated investor field.
Polsinelli’s Texas offices, with approximately 80 attorneys in Dallas and Houston, have grown by more than tenfold in less than a decade. This robust local presence provides a gateway to a national, full-service law firm that delivers sophisticated legal counsel and client service, infused with deeply held values. Polsinelli is strongly committed to supporting businesses ranging from entrepreneurial, innovative start-up companies to middle-market leaders across a wide range of industry sectors, and the firm is significantly involved in many of the region’s key civic and community service groups.
Polsinelli is an Am Law 100 firm with 900 attorneys in 21 offices nationwide. Recognized by legal research firm BTI Consulting as one of the top firms for excellent client service and client relationships, the firm’s attorneys provide value through practical legal counsel infused with business insight, and focus on health care, financial services, real estate, intellectual property, middle-market corporate, labor and employment and business litigation. Polsinelli PC, Polsinelli LLP in California.