Revolving Doors: Proskauer and Weil add to City restructuring ranks as Linklaters makes real estate finance hire

Revolving Doors: Proskauer and Weil add to City restructuring ranks as Linklaters makes real estate finance hire

Restructuring recruitment was the trend this week as both Weil and Proskauer strengthened the benches of their City insolvency groups. Weil has brought in restructuring specialist Lois Deasey at the expense of Akin Gump. Well-regarded in the market, Deasey’s experience includes multi-jurisdictional restructuring transactions and insolvencies, as well as distressed and special situations.

‘Venerable as Cravath’: Wall Street stalwart breaks with tradition to invest in Washington DC

‘Venerable as Cravath’: Wall Street stalwart breaks with tradition to invest in Washington DC

Cravath, Swaine & Moore has announced plans to open an office in Washington DC having hired three partners from US regulatory bodies. The move is a bold one by the Wall Street stalwart, known for its traditionally conservative approach. The new Washington office will become just the third in the firm’s global network, adding to …

‘I believe in our victory’: Defiant Radchenko named CMS Kyiv managing partner

‘I believe in our victory’: Defiant Radchenko named CMS Kyiv managing partner

CMS has named Vitaliy Radchenko the new managing partner of its Kyiv office, as the practice continues to contend with the repercussions of Russia’s invasion of Ukraine. A 15-year veteran of the firm, Radchenko specialises in M&A and regulatory issues in the energy and power sectors, with a body of work that spans oil and …

City talent tussle continues as CC matches Freshfields with £125k NQ salary

City talent tussle continues as CC matches Freshfields with £125k NQ salary

Clifford Chance’s (CC) next cohort of newly qualified associates will take home £125,000 per year, after the firm bumped its starting salary by 16% to match that of Magic Circle rival Freshfields. It is the first pay rise at the firm since November 2021, when a 7.5% increase brought salaries up to £107,500. Trainee rates …

Welcome to Miami: Kirkland and Winston open in Florida as Willkie targets Frankfurt capital markets

Welcome to Miami: Kirkland and Winston open in Florida as Willkie targets Frankfurt capital markets

Winston & Strawn and Kirkland & Ellis have boosted their profiles on the US east coast by opening Miami offices, while Willkie Farr & Gallagher has continued its recent expansion in Frankfurt by establishing a capital markets practice. Fresh off the back of becoming the first law firm to surpass $6bn in annual global revenue, …

Revolving Doors: Eversheds snaps up white-collar specialist as Kirkland adds US funds team

Eversheds Sutherland’s corporate crime and investigations team has been strengthened by the addition of Anupreet Amole from Brown Rudnick, who represents clients from the banking, retail, energy and defence sectors. The firm’s global co-head of corporate crime and investigations Zia Ullah said: ‘By building on our existing skills in fraud issues and white-collar crime defence …

Dealwatch: Ashurst and Travers double up on McColl’s and Ideagen acquisitions as Freshfields energises offshore wind deal

Dealwatch: Ashurst and Travers double up on McColl’s and Ideagen acquisitions as Freshfields energises offshore wind deal

A trio of City firms acted on the sale out of insolvency of McColl’s to supermarket chain Morrisons, in a week that also saw significant mandates in the renewable energy and software sectors. The transaction, which was structured as a pre-pack sale following the initiation of administration proceedings by McColl’s board on 6 May, ensured …

Revolving doors: Four in three out for Squire as Ropes brings in private equity trio

Revolving doors: Four in three out for Squire as Ropes brings in private equity trio

Ropes & Gray has taken further steps towards its goal of becoming the go-to private equity practice in the city with the addition of partners Dan Oates, Simon Saitowitz and Angela Becker in the London office. The trio, all of whom have joined from Fried Frank, are the latest in a string of London recruits …