US West Coast firm becomes latest to target London tech transactions market with eye-catching hire of ex-White & Case dealmaker
West Coast firm Perkins Coie has become the latest US player to set up shop in London, launching a technology-focused corporate practice led by former White & Case, Linklaters and Clifford Chance partner Ian Bagshaw (pictured). Continue reading “‘Shaping the City’s tech industry’ – Perkins Coie lands in London with hire of private equity veteran Bagshaw”
Sidley Austin has continued to expand its London energy and infrastructure team with its hire of Ben Thompson from Travers Smith. The new hire enhances the firm’s London offering in this practice, which it strengthened in March last year with the hires of James MacArthur and Ed Freeman from Weil, Gotshal & Manges. Continue reading “Sidley continues infrastructure push as firms hire in antitrust, finance and funds”
In the most notable London lateral move of recent weeks, Latham & Watkins bolstered its banking and finance practice with its hire of partners Jonathan Brownson, Joydeep Choudhuri, and Prue Criddle from New York banking heavyweight Cahill Gordon & Reindel’s City office.
Mishcon de Reya’s head of international arbitration Louis Flannery KC has left the firm, and is set to join Littleton Chambers in August as a silk in the set’s international arbitration team.
In another blow for Travers Smith, respected corporate M&A and ECM partner Richard Spedding has left to join Linklaters, on the back of the departure of a private equity duo to Goodwin late last month.
A Legal 500 Hall of Famer for small to mid-cap equity capital markets, Spedding was at Travers or 25 years. Experienced in public M&A and the UK Takeover Code, Spedding recently co-led the firm’s team advising key private equity client Inflexion on its £342m takeover of DWF.
In the contest for the biggest legal story of the moment, the A&O Shearman merger may be more transformational for the firms involved, but it is fair to say it has not quite captured the imagination like Paul Weiss’s dramatic and audacious hiring spree in London.
‘The question is whether a firm can genuinely build an elite PE practice by lifting out the top guys from different shops,’ muses one US firm partner, on Paul Weiss’s bid to crack London. Continue reading “Market forces: Paul Weiss, Kirkland and the war for London talent”
Paul Weiss, Kirkland, and Skadden were all active in London lateral hires this week, with two partner exits from Linklaters amid the moves.
Prominent high-yield partner Kevin Muzilla has retired from Allen & Overy, in the latest departure from the practice ahead of next month’s A&O Shearman mega-merger.
Ranked in the Legal 500 Hall of Fame for London high-yield, Muzilla joined A&O from Milbank as a partner in 2009, and has since headed up the firm’s leveraged finance teams, first the US and then Europe.
Mayer Brown has strengthened its London tax practice with the addition of tax partner Sam Riesenberg. US-qualified Riesenberg has joined the firm’s City base from KPMG in Washington, where he worked within the firm’s national tax practice. His hire bolsters Mayer Brown’s international tax offering across the asset management and funds sectors as he has significant experience in the space, working with clients including fund sponsors, sovereign wealth and pension funds, institutional investors, family offices and fund managers.
His hire is Mayer Brown’s second into its London tax practice this year, following closely on the heels of real estate investment specialist Ben Eaton’s appointment hire in January this year. Continue reading “Revolving Doors: Mayer Brown, CRS and BCLP boost tax teams as Linklaters and Fieldfisher join firms announcing partner promotions”
Paul Weiss has broken through the $2bn global revenue mark, posting a 10.8% hike on last year, as the firm’s bold London recruitment drive continues to make headlines.
The firm’s 178 equity partners took home an average of $6.5m in 2023, with profit per equity partner (PEP) up 14.8% from $5.73m the previous year.
Continue reading “Paul Weiss and Kirkland break revenue records amid London lateral shakeout”
