Terra Reynolds

  • Partner
  • Eterra.reynolds@lw.com
  • 330 North Wabash Avenue, Suite 2800
  • Chicago, IL 60611
  • USA
  • T +1.312.876.7640


Terra Reynolds, Co-Chair of the Chicago Litigation & Trial Department and a former federal prosecutor, represents clients in white collar criminal defense, internal and government investigations, and complex litigation matters, particularly within the healthcare and life sciences industry.

Ms. Reynolds represents multinational pharmaceutical and medical device companies, market-leading domestic healthcare companies, and individual executives. She regularly represents clients before:

  • The US Department of Justice (DOJ)
  • US Department of Health and Human Services Office of Inspector General (HHS OIG)
  • US Food and Drug Administration (FDA)

She helps clients navigate matters involving:

  • The False Claims Act (FCA)
  • Anti-Kickback Statute (AKS)
  • Food Drug and Cosmetic Act (FDCA)
  • Foreign Corrupt Practices Act (FCPA)

Ms. Reynolds draws on extensive experience litigating complex federal matters, having tried more than a dozen federal criminal cases and having led numerous complex investigations. She also has briefed and argued matters before the US Court of Appeals for the Seventh Circuit.

Ms. Reynolds served for more than a decade as an Assistant US Attorney in the Northern District of Illinois, most recently as a Deputy Chief.

Ms. Reynolds is an adjunct professor of trial advocacy at Northwestern University School of Law and is a member of Latham’s Chicago Women Enriching Business committee.


A sampling of Ms. Reynolds’ experience includes representing:

Internal Investigations
  • A medical device company with an internal investigation into a cross-border supply chain issue
  • A hospital system with an internal investigation of a clinical trial research program
  • A pharmaceutical company with an internal review of its patient support program*
  • A multinational pharmaceutical company in preparing a crisis management plan*
Government Investigations

  • A hospital system in criminal and civil DOJ anti-kickback investigations
  • A provider of rehabilitation management services in DOJ civil healthcare fraud investigations, resulting in declinations to intervene in whistleblower lawsuits
  • A global medical device company in a DOJ FCPA investigation of conduct in Latin America, resulting in a declination
  • A former medical device company executive in a DOJ civil health care fraud investigation, resulting in a declination
  • A multinational pharmaceutical company in connection with a DOJ investigation into its patient support program, drug pricing, and specialty pharmacy issues*
  • A domestic pharmaceutical company in connection with FDA and DOJ investigations into its sales and marketing practices*   
  • A revenue cycle management company in a non-intervened qui tam lawsuit alleging violations of the FCA and AKS
  • Respondent in an ICC arbitration in Singapore concerning allegations of fraud arising from a multi-billion dollar acquisition of an international pharmaceutical company*
  • Private equity investors on prospective healthcare transactions
  • A multinational pharmaceutical company in connection with its FCPA due diligence across four continents associated with a multi-billion dollar acquisition*

*Matter handled prior to joining Latham & Watkins

Thought Leadership

  • Illinois’ Stay-at-Home Order: What Businesses Need to Know -  April 03, 2020
  • Government Gatekeeper? DOJ Memo Encourages Dismissal -  February 01, 2018
  • DOJ Expands and Codifies Policy Incentivizing Corporations to Voluntarily Self-Disclose FCPA Violations -  November 30, 2017
“She is incredibly hard-working and a strong advocate for her clients.”Chambers USA 2020
Bar Qualification
  • Illinois
  • JD, Northwestern University Pritzker School of Law, 2002
    Cum Laude
  • BSFS, Georgetown University, 1998
  • Healthcare Services & Providers
  • Life Sciences
  • White Collar Defense & Investigations
  • Litigation & Trial Practice
  • Complex Commercial Litigation