A star signing is one thing but who needs a lateral?

The worlds of business, politics and sport have since the 1970s fallen increasingly under the spell of the star individual and law has been anything but an exception. As partnership mitigates the heaviest excesses of the winner-takes-all compensation cultures seen in banking, sports and plc management, in law the star culture has manifested to a considerable extent via the partner recruitment market.

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The I in Team – what it takes to turn a lateral into a star player

Hiring star partners remains the main tactic for firms hoping to move up a division. Legal Business talks to four of the select few who have moved and excelled to find what it takes to drive a new team.

It was just a few disorientating days into his new job at Ashurst Morris Crisp and up-and-coming banking partner Mark Vickers was facing a minor but embarrassing dilemma: with a tight deadline, he had no idea how to order a taxi.

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Taylor Wessing snares Harbottles IP head Owen

Taylor Wessing (TW) bolstered its strong IP credentials last month, recruiting the head of Harbottle & Lewis’ IP group Mark Owen into its City TMT team.

The arrival of Owen will add further strength to TW’s leading soft IP practice. The former Clifford Chance lawyer has advised significant media and entertainment clients on copyright, designs, trade mark, database rights and data privacy issues for the last 25 years.

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A&O picks up corporate partner as Shearman announces Düsseldorf and Munich closures

Allen & Overy has hired Shearman & Sterling’s corporate partner Hans Diekmann as a partner in its Düsseldorf office.

Diekmann, whose start date at A&O is yet to be confirmed, joined Shearman as a partner in 1999. Before that he worked in the legal department of Deutsche Bank’s headquarters in Frankfurt for over seven years. Diekmann will become the sixth partner in A&O’s Düsseldorf office, all of which have been hired in.

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Dentons strengthens private equity offering with SJ Berwin hire

Dentons has hired SJ Berwin corporate finance partner Nicholas Plant to lead its private equity group in the UK, Middle East and Africa.

Plant’s practice focuses on advising private equity houses on domestic and cross-border leveraged buy-outs. He also advises on general M&A and joint ventures. Most recently, he has been particularly involved in acting for US corporates, healthcare sector clients and on deal-by-deal financings.

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Freshfields hires HSF financial services regulatory partner

Freshfields Bruckhaus Deringer continues to boost its disputes practice in Hong Kong with Herbert Smith Freehills’ (HSF) financial services regulatory partner Tim Mak set to join the firm.

Mak will work alongside Asia head of financial services Royce Miller and contentious regulatory partner Georgia Dawson. Mak is tri-lingual and will specialise in both contentious and non-contentious regulatory matters but has particular experience in civil and criminal proceedings and investigations.

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Integreon loses business development chief to Elevate

LPO provider Integreon has lost its business development chief John Croft to legal services provider Elevate, just weeks after CMS Cameron McKenna and Osborne Clarke scaled back their agreements with the outsourcing giant.

Elevate, whose founder is former Integreon CEO Liam Brown, announced Croft’s London-based appointment on 19 April, as the company seeks to launch a ‘new alternative legal services provider’ in the UK. Croft will establish Elevate’s technology and services in the UK and European markets.

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King & Spalding recruits high-profile arbitrator in Singapore

King & Spalding has recruited King & Wood Mallesons Melbourne co-head of arbitration Peter Megens as a partner in its Singapore office.

Megens, a senior construction partner, is King & Spalding’s third Singapore lateral hire in under a year. Clifford Chance oil and gas partner Merrick White joined the firm in October of last year, shortly followed by project finance partner Kelly Malone from Norwegian firm Wikborg Rein in December.Malone was previously head of his firm’s global projects team.

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DAC Beachcroft boosts professional negligence practice with hire of team in Wales

DAC Beachcroft has announced the appointment of a five-strong professional indemnity (PI) team from Morgan Cole to its Newport office.

The team, led by partner Clare Hughes-Williams, comprises one associate and three solicitors who will work as part of the professional and commercial risk practice from 1 May.

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