David M. Austin

        Partner

        David has nearly 30 years of experience acting as trusted legal counsel to a variety of businesses, from new ventures to some of Maine’s most well-known organizations, on a wide range of transactional and corporate governance matters.

        David works with clients in diverse industry sectors, with a particular focus on the timberland and energy industries, in connection with mergers and acquisitions, governance, commercial contracts, debt and equity financings, and stockholder relations.

        Clients look to David for guidance on strategic growth and business succession planning. David also provides counsel to shareholders and other business owners regarding a variety of business transition issues.

        David is an active member of the Maine business community. Prior to joining Verrill, David was a partner at a Maine-based law firm, including serving as President and Managing Partner of the firm for more than a decade.

        Services/Industries

        Education

        • University of Maine School of Law (J.D., cum laude)
        • University of Maine (B.A.)

        Bar Admissions

        • Maine

        Court and Other Admissions

        • United States District Court, District of Maine

        Memberships

        • American Bar Association
        • Penobscot County Bar Association
        • Maine State Bar Association, Business Law Section, Past Chair and Current Member
        • Maine Chamber of Commerce, Current Board Member
        • Bangor Region Chamber of Commerce, Past Board Member
        • Maine and Company, Past Board Member
        • University of Maine Foundation, Board of Directors, Past Chair and current Member
        • Brewer School Committee, Past Member

        Honors

        • Recognized in the Legal 500 US City Elite Rankings – Corporate and M&A (New England)
        • Selected by peers for inclusion in New England Super Lawyers under Business and Corporate
        • Named the Best Lawyers® Closely Held Companies and Family Businesses Law “Lawyer of the Year” in Portland, Maine (2026)
        • Listed in The Best Lawyers in America® under Closely Held Companies and Family Businesses Law, Corporate Law, and Mergers and Acquisitions Law
        • Recognized in Chambers USA: America’s Leading Lawyers for Business under Corporate/M&A in Maine

        Learn more about the third-party ratings, rankings, and selection processes used for inclusion.

        Firm Highlights

        Media Mentions

        Verrill Recognized by WMTW for Partnership Supporting Hunger Relief in Maine

        Verrill was recently featured in coverage by WMTW News 8 for its role in a collaborative effort to combat food insecurity across southern...
        Press Releases

        33 Verrill Attorneys, Across Four Offices, Recognized in the 2026 Chambers USA Guide

        BOSTON, Massachusetts, PORTLAND, Maine, WESTPORT, Connecticut, and WASHINGTON, D.C. – Verrill has been recognized as a Leading Firm in 14...
        Blog

        Will the Knicks Beat the Spurs? (Are Prediction Market Event Contracts Gambling?)

        For those of you who like to keep score, currently 18 states are engaged in litigation over prediction markets, such as Kalshi and Polymarket,...
        Alerts and Newsletters

        DOJ Announces Faster Review and Enhanced Enforcement for Benefits-Fraud FCA Matters

        On May 27, 2026, the U.S. Department of Justice (DOJ) Civil Division issued a new memorandum, “Accelerating Review and Enhancing Enforcement in...
        Alerts and Newsletters

        DOJ Announces Minnesota Health Care Fraud Takedown; Signals Intensified Medicaid Enforcement Nationwide

        On May 21, the Department of Justice (“DOJ”) announced a first-of-its kind Minnesota Health Care Fraud Takedown charging 15 defendants, including...
        Media Mentions

        Lauren Galvin Quoted in Massachusetts Lawyers Weekly on Arbitration and Anti-SLAPP Protections

        Verrill Partner Lauren Galvin was recently featured in a Massachusetts Lawyers Weekly article highlighting a notable Superior Court decision...
        Blog

        Section 530A Accounts: What Employers Should Consider Before Offering Contributions to “Trump” Accounts

        Section 530A accounts, commonly referred to as Trump accounts, have attracted attention since the enactment of the One Big Beautiful Bill Act in...
        Blog

        Navigating PBM Reform: Regulatory Changes, Market Shifts, and Practical Guidance for ERISA Fiduciaries

        Pharmacy Benefit Manager (“PBM”) arrangements have long relied on rebates with limited transparency into true drug costs. Recent regulatory and...
        Blog

        DOL’s Proposed Regulation on Selecting Alternative Investments: Broad Implications for 401(k) and 403(b) Plan Fiduciaries

        On March 30, 2026, the Department of Labor issued a proposed regulation purporting to implement an executive order to expand access to “alternative...
        Press Releases

        Verrill Welcomes Private Clients & Fiduciary Services Attorney Gracie Castle

        BOSTON, Massachusetts – Verrill is pleased to welcome Gracie Castle to the firm’s Private Clients & Fiduciary Services Group as an Associate,...
        Published Works

        Francesco De Vito Authors Article in the Journal of the American College of Mortgage Attorneys

        Verrill Partner Frank De Vito authored an article featured in the Spring 2026 issue of The Abstract, the journal of the American College of Mortgage...
        Alerts and Newsletters

        Recent FinCEN Advisory Highlights Rising Health Care Fraud Risk for Financial Institutions

        As the federal government intensifies its “whole of government” approach to combat fraud, waste, and abuse, particularly in Federal Health Care...