Legal Business

Revolving doors: US & City firms target Simmons & Simmons as Ashurst makes hires

US & City firms saw a steady influx of lateral hires across sectors as Latham & Watkins, Allen & Overy (A&O) and Watson Farley & Williams hired partners from Simmons & Simmons.

US firm Latham hired Simmons’ head of equity capital markets, Chris Horton, as partner in its corporate department. Horton joined Simmons in 2008 and has experience advising on IPOs, secondary offerings and M&A transactions by listed companies, investment banks, and hedge funds.

Co-chair of Lathams’ corporate department Nick Cline commented: ‘Chris has a terrific blend of transactional and regulatory experience that will be of great value to our clients in the UK and globally.’

Global vice-chair of the corporate department David Walker added: ‘Chris’s experience complements and enhances the existing strength of our ECM and corporate practices in London and globally. His arrival will further advance our goal to become the market’s leading firm for complex, cross-border transactions.’

A&O similarly hired from Simmons, bringing in employment partner Vicky Wickremeratne to its London office. Wickremeratne became partner in 2015 and was previously the managing director and senior counsel of Goldman Sachs Asia, based in Hong Kong.

A&O head of London employment Sarah Henchoz told Legal Business: ‘Vicky spent a lot of time in-house before she joined Simmons & Simmons. She’s really good at looking at what the wider objective is rather than looking through a narrow lense and it’s a very unique perspective in many ways.’

Meanwhile, Watson Farley hired capital markets partner Simon Ovenden in London. Ovenden also joins from Simmons, where he was head of the debt capital market group. Ovenden has experience in debt and equity capital markets transactions and advises both underwriters and issuers across capital markets products.

Ovenden told Legal Business: ‘It is a challenging market with intense competition. You have to show clients something that really distinguishes you from the rest of the pack. You can’t be an average player in capital markets.’

‘It wasn’t a difficult sell for me to join. I like the people and I like the vision and the fact that they see capital markets as being part of what they want to offer,’ Ovenden added.

WFW managing partner Chris Lowe told Legal Business: ‘It’s not an easy market to attract high quality talent and I think it’s a testament to the firm and to Simon to have the vision that the platform will be able to deliver on what he does.

Elsewhere, Ashurst hired partner Ruby Hamid to its dispute resolution team in London. Hamid joins from Freshfields Bruckhaus Deringer, where she was counsel, and specialises in white-collar crime, financial regulation, global investigations and risk and compliance.

Head of dispute resolution in EMEA Tom Connor told Legal Business: ‘She brings a white collar crime practice and a deep expertise in corporate and financial crime – bribery and corruption work in particular will be a strong focus for Ruby. Ruby’s hire reflects our continuing focus on international investigations, alongside complex commercial litigation and international arbitration work.’

Mishcon de Reya, meanwhile, appointed Ben Brandon to its white collar crime and investigations team. He joins from barrister’s chambers 3 Raymond Buildings, and specialises in extradition and fraud.

Further afield, Ashurst made another hire from Freshfields in the form of Andrew Craig to its corporate practice in Melbourne, Australia. Craig specialises in digital economy and technology and has experience in advising corporate, private equity firms and financial institutions on technology transactions.

muna.abdi@legalease.co.uk