Revolving doors: US players dominate lateral recruitment as Alston & Bird opens City branch

US firms led the way with lateral hires in London last week, with Alston & Bird launching a City branch. The Atlanta-based Global 100 firm has hired three partners for its UK finance and payments practices.

Andrew Petersen joins from K&L Gates, where he was head of the finance practice and is joined by fellow finance partner James Spencer. Petersen and Spencer have worked together for more than 17 years and handle a range of transactions related to real estate private equity, commercial mortgage-backed securities, restructuring, and debt and equity workouts. They are joined by competition partner and payments industry specialist James Ashe-Taylor from Constantine Cannon where he was head of its European antitrust practice.

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