In one of the most significant senior moves in the Italian market in recent years, Linklaters has hired Cleary Gottlieb Steen & Hamilton veteran rainmaker Roberto Casati.
In a bid by the City giant to expand beyond its finance and capital markets focus in the country into mainstream corporate, Linklaters has drafted a waiver to its partnership terms to allow the 69-year-old to join the firm at the top of its equity ladder, a deal worth around £2m annually. Casati is expected to stay on for at least five years.
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