Following the resignations of five King & Wood Mallesons (KWM) partners last week, the firm has lost the bulk of its Frankfurt financing team to Taylor Wessing, which takes on five lawyers including two partners. The exits come as the legacy SJ Berwin practice has halted its recapitalisation plans in the face of mounting departures.
KWM’s German head of banking and finance Sabine Schomaker and partner Clemens Nieder will join Taylor Wessing before the end of the year along with of counsel Ulf Gosejacob and two associates.
