Revolving Doors: Paul Hastings adds two as McDermott boosts energy expertise

City of London

US firms have dominated transactional recruitment this week while UK-headquartered peers have focused on bolstering their disputes capabilities.

Paul Hastings continues its auspicious London growth trajectory, which saw its City revenue surge 41% in 2021/22, with a dual partner hire. The firm announced the addition of Jason Brooks to its structured credit team this week following the arrival of private equity partner Tom Cartwright last week.Brooks, who joins from CMS, adds to a team that handled 116 collateralised loan obligation transactions in 2021, which the firm claims amount to a 50% share of the European market. Seth Zachary, chairman of Paul Hastings, said: ‘Our clients require innovative thinking and timely advice in the wake of today’s uncertain markets – and they require seasoned specialists to help them maintain growth sustainably. With his depth of experience across highly complex financial structures, Jason is a strong addition to our UK and global structured credit and securitisation practice.’

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