Quinn Emanuel Urquhart & Sullivan has added to its international bench yet again, with Allen & Overy (A&O) global co-head of arbitration Michael Young alongside the Paris hire of Herbert Smith Freehills’ (HSF) Paris disputes head Isabelle Michou (pictured) Continue reading “‘Already deep bench’: Quinn boosts Paris offering with Allen & Overy and HSF hires”
Strong competition from UK and US firms in Paris and a penchant for tight, focused practices means French firms do not feature large among the Euro Elite.
With its lack of large full-service domestic law firms, the French legal market is unique when compared with other European jurisdictions. A traditional culture of non-partnership and a low threshold when it comes to international investment has created a legal landscape where the few larger French firms face fierce competition from smaller French boutiques, as well as the significant US and UK presence that dominates the Paris market.
Revolving Doors: Squire and Watson Farley make Paris hires in big week for international appointments
Jones Day has launched a fund formation practice in Paris through the hire of partner Catherine Martougin from Luxembourg firm Arendt & Medernach in a bid to boost the firm’s private equity capabilities, while it also recruited a five-strong team from French firm Gide Loyrette Nouel to boost its TMT practice, particularly in Africa and the Middle East.
Mayer Brown has bolstered its European corporate team with the hire of two former Freshfields Bruckhaus Deringer lawyers, including one from Davis Polk & Wardwell, to its corporate and securities practice in Paris.
French firm AyacheSalama has launched its first international office in the City with four partners as it looks to advise on client investment from London into France more efficiently.
The new City desk will practice French law only and aims to strengthen relationships with investment funds and banks, private equity funds and French companies that invest out of the City. It will also look to build out a client base that already includes Intermediate Capital Group, TowerBrook Capital Partners and MezzVest, with a focus on corporate M&A, private equity, finance and restructuring.
Magic Circle firm Clifford Chance has hired longstanding Herbert Smith Freehills’ partner Alex Bafi, one of London’s high-profile US securities lawyers, as it expands its capital markets practice.
Fieldfisher has bolstered its Paris office with a trio of local lateral hires, including M&A lawyer Pascal Squercioni and tax specialist Antoine Gabizon from UGGC and competition partner Anne-Laure-Hélène des Ylouses from French boutique YGMA, a firm she co-founded in 2004. Continue reading “Fieldfisher bolsters Paris office with trio of lateral hires”
Shearman & Sterling’s London office has taken the lead advising New York-listed global exchange and clearing house operator IntercontinentalExchange (ICE) on its initial public offering (IPO) of pan-European exchange group Euronext on Euronext Paris, Brussels and Amsterdam, for what ICE says is likely to be valued at in excess of $2bn. Continue reading “Shearman London and Linklaters Paris lead on circa $2bn Euronext float”
Revolving doors: Senior ex-Unilever and Amex lawyers move to private practice as McDermott boosts Paris office
Some of the most high-profile strategic hires recently have seen former in-house counsel move to private practice, all following the news last week that Weil, Gotshal & Manges is bringing Goldman Sachs’ European head and co-head of restructuring Andrew Wilkinson back to a law firm.