Revolving doors: Firms build up London deal teams as Keystone hires six new partners

Revolving doors: Firms build up London deal teams as Keystone hires six new partners

Amid a recent spate of senior deal lawyer appointments, McDermott has brought former Kirkland & Ellis partner Usman Khan into its transactions practice. Khan specialises in real estate finance, and has experience acting for clients including banking institutions, private equity sponsors, credit funds, and sovereign wealth funds.

Mayer Brown has also grown its London banking and finance practice, with the hire of Victoria Thompson from Morgan Lewis. Thompson focuses on domestic and cross-border secured lending and restructuring transactions and is dual-qualified in New York and England and Wales.

Continue reading “Revolving doors: Firms build up London deal teams as Keystone hires six new partners”

Revolving Doors: Paul Hastings continues infrastructure hiring spree as White & Case strengthens debt finance practice

Revolving Doors: Paul Hastings continues infrastructure hiring spree as White & Case strengthens debt finance practice

Last week saw several hires in the finance sector and numerous lateral hires in the international market, as London calmed down following the shock Paul Weiss moves in August.

Paul Hastings has made its third infrastructure hire in just three months, appointing partner Candice Lambeth to its energy and infrastructure practice. Moving from Weil, Lambeth specialises in domestic and cross-border M&A, joint ventures, and co-investments across the energy and infrastructure sectors. Continue reading “Revolving Doors: Paul Hastings continues infrastructure hiring spree as White & Case strengthens debt finance practice”

Revolving Doors: Kirkland, Shearman and Latham hire in New York

Revolving Doors: Kirkland, Shearman and Latham hire in New York

Despite the sluggish summer hiring season, it has been busy in New York. After losing several partners to Paul Weiss, Kirkland announced it had appointed partner Adam Shapiro to its debt finance group. He brings with him a wealth of experience in restructuring, leveraged finance and syndicated lending, having served at Simpson Thacher for 16 years.

Shearman & Sterling announced it has rehired Alejandro Gordano as a capital markets partner for its Latin America group also in New York. He joins from Linklaters, where he spent over three years as counsel, having previously served as counsel at Shearman for two years starting in 2016. Continue reading “Revolving Doors: Kirkland, Shearman and Latham hire in New York”

Kirkland departures rack up as Paul Weiss makes major London and New York plays

Kirkland departures rack up as Paul Weiss makes major London and New York plays

August’s reputation as a slow month for lateral hires has been turned on its head in recent weeks, particularly considering the shock departure of debt finance rainmaker Neel Sachdev from Kirkland & Ellis. In what is one of the biggest City law moves in the last five years, Sachdev moves to Paul Weiss, taking with him a team made up of debt finance partner Kanesh Balasubramaniam and capital markets partners Matthew Merkle and Deirdre Jones.

The moves establish an English law offering at Paul Weiss for the first time, in a display of serious intent from the firm. Sachdev, previously a top earner at Kirkland and one of its longest-serving partners, has a book of top-tier financial sponsor clients including Apollo, Bain Capital and Strategic Value Partners. Continue reading “Kirkland departures rack up as Paul Weiss makes major London and New York plays”

Revolving Doors: A&O grows in Washington as UK regional firms make key hires in real estate, financial services and employment

Revolving Doors: A&O grows in Washington as UK regional firms make key hires in real estate, financial services and employment

Despite the dramatic news that  Kirkland had lost a London debt finance team to Paul Weiss, it has been another relatively quiet August week for lateral hiring among UK firms.

In Washington DC, Allen & Overy announced that it had appointed Scott Cockerham as a new partner in its projects, energy, natural resources, and infrastructure practice. Cockerham joined A&O from Orrick, where he spent two years as a partner, before which he was a partner for three years at Kirkland. He is in demand by clients for his advice on the tax elements of energy and infrastructure projects, including tax equity financing and tax credit transferability transactions. Continue reading “Revolving Doors: A&O grows in Washington as UK regional firms make key hires in real estate, financial services and employment”

Kirkland’s debt superstar Sachdev leads team exit as Paul Weiss launches English law practice

Kirkland’s debt superstar Sachdev leads team exit as Paul Weiss launches English law practice

Debt finance rainmaker Neel Sachdev (pictured) has led a team defecting from Kirkland & Ellis to Paul Weiss, in what will be seen as a major coup for the Wall Street firm’s City ambitions.

The hire of Sachdev is arguably the most influential transfer in the City’s history since buyout star David Higgins left Freshfields for Kirkland in 2017. It is a serious show of intent for Paul Weiss in London, establishing as it does an English law offering for the first time. Continue reading “Kirkland’s debt superstar Sachdev leads team exit as Paul Weiss launches English law practice”

Revolving Doors: Two Magic Circle firms reveal major US hires amid quieter week for City firms

Revolving Doors: Two Magic Circle firms reveal major US hires amid quieter week for City firms

Amid the typical August recruitment slowdown, one of the most notable moves of the past week saw Allen & Overy appoint Kfir Abutbul as the head of its energy private equity team in the US. Abutbul joins the firm from Paul Hastings, where he spent nearly five years as co-chair and vice-chair of its energy and infrastructure team, before which he was also a partner at Kirkland and Willkie Farr.

Chair of A&O’s US corporate practice, Bill Schwitter, said in a statement: ‘The addition of Kfir is an opportunity to continue the expansion of our US private equity and M&A practice.’ Continue reading “Revolving Doors: Two Magic Circle firms reveal major US hires amid quieter week for City firms”

Revolving doors: Shake-ups at Kirkland and Paul Weiss, as Fieldfisher picks up competition team hire

Revolving doors: Shake-ups at Kirkland and Paul Weiss, as Fieldfisher picks up competition team hire

Kirkland & Ellis was at the centre of not one but two of the biggest stories in the London lateral hiring market last week . First, the news broke that former Linklaters private equity star Roger Johnson was set to leave. Then, the firm announced its hire of Paul Weiss London managing partner Alvaro Membrillera.

Membrillera’s departure leaves Paul Weiss with only three partners in London, according to the firm’s website: David Carmona and Adam Wollstein, who made partner in December 2018 and January 2021, respectively, and David Lakhdhir, who cofounded the office in 2001 with Mark Bergman, of counsel in Washington DC since 2021. Continue reading “Revolving doors: Shake-ups at Kirkland and Paul Weiss, as Fieldfisher picks up competition team hire”

One in, one out: Deal star Johnson to exit Kirkland as Membrillera joins from Paul Weiss

One in, one out: Deal star Johnson to exit Kirkland as Membrillera joins from Paul Weiss

Roger Johnson, among the first wave private equity stars to defect to Kirkland & Ellis from the Magic Circle, has left the Chicago powerhouse’s London office.

The move was quickly followed by news that Kirkland has hired the well-respected private equity partner Alvaro Membrillera from Paul Weiss in the City, where he was London managing partner. Continue reading “One in, one out: Deal star Johnson to exit Kirkland as Membrillera joins from Paul Weiss”

Revolving Doors: International and domestic firms bolster finance, infra and disputes teams

Revolving Doors: International and domestic firms bolster finance, infra and disputes teams

Leading the high-profile moves last week, Paul Hastings has expanded its energy and infrastructure practice with the hire of Alistair McKechnie after a string of recent prominent hires that include Jessamy Gallagher and Stuart Rowson. McKechnie specialises in infrastructure finance and acquisition finance.

Speaking to Legal Business about the move, McKechnie he said: ‘There is undeniable momentum at Paul Hastings right now, and it’s clear the firm is on an upward trajectory both on a global level and in London. I watched with interest the hires of Jessamy and Stuart at the start of the year: it was clear they were building something unique in the sense that they go to market as a fully integrated energy and infrastructure practice, combining specialist capability across disciplines, and, crucially, covering both M&A and finance.’ Continue reading “Revolving Doors: International and domestic firms bolster finance, infra and disputes teams”