‘Ultra-focused on culture and hungry to build’ – McDermott’s new London head sets out stall

‘Ultra-focused on culture and hungry to build’ – McDermott’s new London head sets out stall

Earlier this month McDermott Will & Emery announced that leveraged finance partner Aymen Mahmoud will take the reins from Hamid Yunis as managing partner of the US firm’s London office.

Mahmoud (pictured), who has been at the firm since 2020 after joining from Willkie Farr & Gallagher, will take the helm on 1 June, while also continuing as co-head of the firm’s London transactions group and the finance, restructuring, and special situations group.

Continue reading “‘Ultra-focused on culture and hungry to build’ – McDermott’s new London head sets out stall”

Moves of the month: recruitment market picks up as leading firms think laterally

Moves of the month: recruitment market picks up as leading firms think laterally

Lateral hiring saw a notable pickup during the first quarter of 2024, with partner moves across sectors from litigation to corporate, finance, and restructuring, to ESG, energy and competition.

Global London firms were especially busy during this period, often to the detriment of their Magic Circle peers. While Paul Weiss has been making headline-grabbing hires, Skadden, McDermott, Kirkland & Ellis, and Paul Hastings have also seen considerable movement over the last two months.

Continue reading “Moves of the month: recruitment market picks up as leading firms think laterally”

Paul Hastings finance partner leaves for Davis Polk as London churn continues

Paul Hastings finance partner leaves for Davis Polk as London churn continues

While there is no shortage of fast-growing US firms in London, Paul Hastings is a notable standout, increasing London lawyer headcount by 68% over the past five years with a steady stream of eye-catching hires.

However, this rapid growth has also come with departures as the firm repositions itself in the City, and yesterday (2 May) it was announced that highly regarded former global finance co-head Luke McDougall is leaving to join Davis Polk. Continue reading “Paul Hastings finance partner leaves for Davis Polk as London churn continues”

Allen & Overy returns to Milbank for City restructuring hire

Allen & Overy returns to Milbank for City restructuring hire

Allen & Overy has hired its second partner from the London arm of Milbank so far this year, bolstering its restructuring practice with the addition of partner Karen McMaster. 

Recognised as a leading individual in The Legal 500, McMaster leaves Milbank after six years at the US firm. Continue reading “Allen & Overy returns to Milbank for City restructuring hire”

Shearman’s McKimm steps aside ahead of A&O tie-up as US firms continue to snap up top London talent

Shearman’s McKimm steps aside ahead of A&O tie-up as US firms continue to snap up top London talent

With just a month to go until the A&O Shearman tie-up goes live, Shearman has announced that Europe managing partner and EMEA finance team leader Ward McKimm is retiring, marking one of the highest-profile pre-merger exits to date.

‘Shearman & Sterling and Ward McKimm jointly confirm that, after a nearly 30-year career as a leading high-yield and leveraged finance lawyer based in London, he has decided to retire,’ a firm statement confirmed. ‘Shearman & Sterling thanks Ward for his many years of service to the firm and its clients, and wishes him the best in his next chapter. Ward’s retirement will take effect in a few weeks as he transitions work to other partners.’ Continue reading “Shearman’s McKimm steps aside ahead of A&O tie-up as US firms continue to snap up top London talent”

Revolving Doors: Kirkland hires ESG partner while magic circle experiences both losses and gains

Revolving Doors: Kirkland hires ESG partner while magic circle experiences both losses and gains

Leading the high-profile moves this week, Rebecca Perlman has joined Kirkland & Ellis’ ESG and impact practice group in London as a partner. Perlman leaves behind a 12-year tenure at Herbert Smith Freehills, where she was head of the firm’s UK, US, and EMEA operations and global head of sustainable and impact investment.

Perlman brings with her more than a decade of expertise in advising clients on a range of ESG-related matters, including regulatory compliance, soft law standards, voluntary frameworks, ESG market disclosure, reporting, and issues concerning accredited organisations. Continue reading “Revolving Doors: Kirkland hires ESG partner while magic circle experiences both losses and gains”

‘Feels good to be bold’ – Freshfields executes on New York private capital ambitions with hire of Latham PE pair

‘Feels good to be bold’ – Freshfields executes on New York private capital ambitions with hire of Latham PE pair

In what will be viewed by rivals as a further shot across the bows, Freshfields has continued to make determined inroads with its US strategy, this time hiring private equity M&A partners Neal Reenan and Ian Bushner in New York from Latham & Watkins.

The investment is another coup for a firm that has become no stranger to putting its money where its mouth is on executing a bullish American strategy, and is especially striking, given the increased demand for quality private capital practitioners as client demand continues to escalate. Continue reading “‘Feels good to be bold’ – Freshfields executes on New York private capital ambitions with hire of Latham PE pair”

Revolving doors: moves in energy and infrastructure as DLA adds partners in the City

Revolving doors: moves in energy and infrastructure as DLA adds partners in the City

DLA Piper leads this week’s round of strategic hires with a quartet of notable additions to its London office. Steven Bryan, who left Paul Hastings in October, has joined the London corporate practice, bringing expertise in energy and infrastructure M&A along with Paul Doris from Brown Rudnick. Accompanying them, Derwin Jenkinson, who also departed Paul Hastings last year, enhances DLA’s finance projects and restructuring group.

DLA Piper also welcomed Andrew Sackney to its corporate crime and investigations team in London. Coming from Pinsent Masons, where he led the global investigations practice, Sackney brings expertise in tackling large-scale, domestic, and international investigations. Continue reading “Revolving doors: moves in energy and infrastructure as DLA adds partners in the City”

McDermott hires London M&A partner from Cooley as global revenue nears $2bn mark

McDermott hires London M&A partner from Cooley as global revenue nears $2bn mark

McDermott has announced today (28 February) that Michal Berkner has joined the firm as a partner, bolstering its transactions practice in London.

She joins from Cooley, where she led the cross-border M&A practice, including negotiated and unsolicited transactions and joint ventures. Her clients include strategic and private equity buyers and sellers in public and private transactions. Continue reading “McDermott hires London M&A partner from Cooley as global revenue nears $2bn mark”

Paul Weiss continues London expansion as Magic Circle responds in US

Paul Weiss continues London expansion as Magic Circle responds in US

The lateral hiring market for December and January was once again dominated by Paul Weiss’ impressive recruitment efforts in the City, resulting in the Magic Circle stepping it up in the US. Meanwhile, White & Case has been on a hiring spree of late, bringing in several partners in key practice areas in numerous locations. Continue reading “Paul Weiss continues London expansion as Magic Circle responds in US”