Revolving doors news, updates and analysis | Page 5 of 39

Cleary Gottlieb has returned to Linklaters for another partner, this time hiring the Magic Circle firm’s co-head of the financial sponsor leveraged finance practice, Edward Aldred, to its private equity team.

The move has been seen as another coup for the Wall Street firm’s recently expansive London strategy and represents a further blow to Linklaters after Cleary hired its M&A partner Nick Rumsby last November. Continue reading “Revolving Doors: Linklaters loses another partner to Cleary hiring spree as Travers exits continue”

Withers has strengthened its dispute resolution offering with the addition of banking and finance litigation partner Henry Farris. Farris moves from Mishcon de Reya, where he previously headed its private equity disputes practice.

Speaking to Legal Business, Peter Wood, CEO of Withers’ dispute resolution division, said Farris’s hire fitted its growth strategy. ‘Our international dispute resolution division’s growth strategy has been to reinforce our strengths – and to bring in some selected new skill sets – through recruiting experienced and talented new partners’. He added:  ‘A particular area of focus has been to build out a crypto and digital assets practice, which has from the start been immensely active, working on some landmark disputes in the US, UK and Singapore.’    Continue reading “Revolving doors: Withers adds finance litigation partner as Howard Kennedy acquires construction boutique”

Sullivan & Cromwell made a major play last week with its hire of prominent private equity partner Karan Danamani from Allen & Overy. A Legal 500 Hall of Famer in high-value PE transactions, Danamani joined Allen & Overy from Ashurst in 2014, and has significant expertise in complex cross-border work.

The move marks a significant step for Sullivan & Cromwell: though the firm is strong in cross-border M&A, it currently has little presence in the UK and European PE market. Continue reading “Revolving doors: Private equity stays hot with high-profile departures from A&O and Travers”

Cravath, Swaine & Moore launched an English-law offering last week through the hire of partner duo Philip Stopford and Korey Fevzi from Shearman & Sterling.

Though Cravath has maintained an office in London since 1973, it has never fielded a team of English law practitioners. Its decision to do so now leaves Paul Weiss as the only US firm in London market without English law capabilities. Continue reading “Revolving doors: Cravath launches English law practice with two hires from Shearman”

The merger talks-prompted exodus from Shearman & Sterling continued in recent days with the loss of EMEA and Asia M&A head Philip Cheveley to Sidley Austin in London.

The blow to Shearman will be even more keenly felt since the move represents a reversal for one of its stated ambitions to focus on corporate, and because Cheveley only joined from Travers Smith less than two years ago, in March 2021.

Continue reading “Revolving Doors: Fresh woes for Shearman as M&A head Cheveley exits as restructuring and lev fin fuel City investment”

The City lateral market has been abuzz with activity, as major moves in the infrastructure, corporate, funds and real estate sectors have proven.

Paul Hastings has hired Linklaters co-heads of infrastructure Jessamy Gallagher and Stuart Rowson in London, significantly boosting its City credentials.

Continue reading “Revolving doors: Linklaters loses three as Macfarlanes takes Sidley funds head”

Globally speaking, it has been a tough week for Shearman & Sterling, which lost several partners amid rumours of merger negotiations with Hogan Lovells. King & Spalding took two partners; M&A-focused Thomas Philippe joined in Paris, while project development expert Dan Feldman arrived in Abu Dhabi.

Gibson Dunn brought in three partners from Shearman, as it announced a new office in Abu Dhabi. Legal 500 Hall of Famer Renad Younes was a headline arrival, having served as global head of finance and managing partner for the Middle East at her previous firm. Samuel Ogunlaja will also form part of the new office and focuses on project development and finance in the energy and infrastructure sectors. Jade Chu has joined the Dubai office. Continue reading “Revolving doors: Losses for Shearman as City elite target investigations”

The festive season has not deterred firms from making significant lateral moves, with disputes, restructuring, competition and tax among the areas targeted for strategic growth among global players.

In London, Winston & Strawn made a rare lateral move, recruiting restructuring partner Paul Fleming. Previously head of corporate restructuring at Addleshaw Goddard (AG), Fleming advises creditors, stakeholders, insolvency practitioners and directors. Continue reading “Revolving doors: Winston & Strawn builds City restructuring team as Linklaters makes disputes play”

As the year-end approaches, US firms have dominated this week’s hiring round with additions across London’s transactional and disputes practices. 

WilmerHale bolstered its London white-collar defence practice with the addition of Richard Burger. Burger – who is ranked as a leading individual by The Legal 500 and described as ‘a standout practitioner in the disciplinary/regulatory field’ – is a former enforcement lawyer and prosecutor with the Financial Services Authority and has experience defending clients in criminal and regulatory investigations. 

Continue reading “White & Case adds BCLP funds head as WilmerHale strengthens white-collar practice”

The approaching festive period has not led to a cooling of the recruitment market, with corporate structuring, M&A, tax and IP expertise topping firms’ wishlists.

It was a busy period for Morrison Foerster, with the firm recruiting an IP team in London. The group is led by Steven James, who joins as a partner from Brown Rudnick, where he headed the UK and European IP group. Other members of the team include of counsel Ruth Arkley and senior associate Hattie Chessher.

Continue reading “Revolving doors: MoFo brings in IP team as Osborne Clarke makes double UK partner hire”