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38<br />

Lady <strong>of</strong> the law<br />

IndustryLeader<br />

Holli Targan's name is everywhere. Flip through<br />

the pages <strong>of</strong> just about any payments industry<br />

publication or attend a conference, and<br />

her name will likely surface. Targan – a partner<br />

at Jaffe, Raitt, Heuer & Weiss P.C. – devotes her<br />

practice to electronic banking, electronic commerce and<br />

credit card processing law. She counsels companies,<br />

negotiates contracts and advises businesses on regulatory<br />

<strong>issue</strong>s and laws.<br />

For more than a decade, Targan has written for numerous<br />

publications. Her articles have covered such topics as data<br />

security, when to sell a portfolio, starting an ISO, budgeting<br />

for legal needs, and the ins and outs <strong>of</strong> contracts.<br />

She has also done presentations on these topics and<br />

more at the Electronic Transactions Association meetings,<br />

regional conferences, NYCE Corp. conferences and bar<br />

association events.<br />

Targan has served as an ETA board member for the past<br />

six years. She is currently a member and Treasurer <strong>of</strong> the<br />

association's executive committee. She also belongs to<br />

ETA's industry relations and nominations committees.<br />

Targan has received numerous awards during the course<br />

<strong>of</strong> her career, including ETA Committee Volunteer <strong>of</strong><br />

the Year and ETA Member <strong>of</strong> the Year. She has been<br />

recognized twice by Who's Who in American Law, and<br />

twice received the Transaction World Magazine Mover and<br />

Shaker Award.<br />

<strong>The</strong>re's more: Targan is the co-founder and President <strong>of</strong><br />

Women Networking in Electronic Transactions (W.net),<br />

a nonpr<strong>of</strong>it organization that provides a forum to inspire<br />

and empower women in the electronic transactions industry<br />

through networking opportunities, education and<br />

mentoring programs.<br />

To succeed, Targan goes with her gut instinct, makes decisions<br />

quickly, works hard and keeps her clients' needs at<br />

the forefront. And occasionally, when the situation calls<br />

for it, she plays hardball.<br />

Growing passion<br />

As a child, Targan had aspirations <strong>of</strong> one day becoming a<br />

lawyer. She is fortunate to have fulfilled her dream. As the<br />

years progress, Targan's appreciation for her field doesn't<br />

fade, which is also part <strong>of</strong> her success.<br />

"It makes it a lot easier when you love what you do,"<br />

Targan said. "I love being a lawyer in <strong>this</strong> industry. I love<br />

being involved in executive levels <strong>of</strong> the ETA and W.net,<br />

two organizations that I passionately believe in. I just<br />

make the time. … I don't mind working a lot."<br />

<strong>The</strong>re is only one area where Targan feels daily pressure.<br />

"Most challenging for me is that there are only 24 hours in<br />

the day, not enough time," she said.<br />

Targan has few complaints. She enjoys being able to see<br />

the bigger picture, spotting industry trends as they happen.<br />

She likes helping clients craft deals to grow and<br />

prosper. "My favorite single task is negotiating complex<br />

agreements," she said. "I love the intellectual challenge<br />

involved in advocating for my clients' positions."<br />

Targan graduated cum laude from Wayne State University<br />

Law School in Detroit. She is a member <strong>of</strong> the American<br />

Bar Association, as well as the Michigan, Maryland and<br />

District <strong>of</strong> Columbia bars. Initially, Targan wanted to<br />

become a public defender, assisting destitute people who<br />

were facing criminal charges.<br />

"I tend to pull for the underdog," she said. "I thought I<br />

would be doing society a great benefit by affording those

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