International round-up: Bakers launches fourth low-cost hub in Argentina as Cooley targets capital markets with Hong Kong office

International round-up: Bakers launches fourth low-cost hub in Argentina as Cooley targets capital markets with Hong Kong office

Baker McKenzie is pushing on with its profitability drive having picked Buenos Aires for its fourth business service centre some five months after putting an estimated 350 London-based support staff under consultation.

On the other side of the Pacific in an unusually expansive move, Cooley has today (12 March) confirmed it will open in Hong Kong after hiring Skadden Arps Slate Meagher & Flom’s corporate partner Will Cai. Continue reading “International round-up: Bakers launches fourth low-cost hub in Argentina as Cooley targets capital markets with Hong Kong office”

‘Great synergies’: Mayer Brown adds long-awaited restructuring hires with DLA duo

‘Great synergies’: Mayer Brown adds long-awaited restructuring hires with DLA duo

Chicago-bred Mayer Brown has bolstered its restructuring, bankruptcy and insolvency (RBI) practice with a double hire from DLA Piper in London.

DLA veterans Michael Fiddy and Amy Jacks join Mayer Brown as co-head of the firm’s global RBI practice and co-head of the firm’s UK RBI practice respectively. Fiddy will lead the global group alongside New York partner Brian Trust and Hong Kong-based partner John Marsden, while Jacks takes on her leadership role alongside partner Devi Shah. Continue reading “‘Great synergies’: Mayer Brown adds long-awaited restructuring hires with DLA duo”

Revolving Doors: Crowell & Moring taps Squire Patton Boggs for UK partners as DLA leads hefty international recruitment round

Revolving Doors: Crowell & Moring taps Squire Patton Boggs for UK partners as DLA leads hefty international recruitment round

City recruitment was steady last week with Crowell & Moring being the main mover after luring yet more talent from Squire Patton Boggs. Meanwhile Monckton Chambers secured Steven Gee QC from Joseph Hage Aaronson and DLA Piper and Mayer Brown made moves in a busy international round.

Crowell & Moring has emboldened its London strategy lately by recruiting from Squires. Energy partner Robin Baillie joined the firm last week, with Crowell & Moring looking to export its strong US energy practice to the UK.

Baillie had been at Squires since 2014, and brings with him senior associate Stefanie Atchinson who joins as counsel as well as associate Lydia Taylor. Meanwhile, Squires banking and debt finance partner Andrew Knight is also set to join Crowell & Moring at the beginning of April. The exits come after Squires lost a three-partner team to Crowell & Moring in recent weeks, with litigation partner Laurence Winston and insolvency partners Cathryn Williams and Paul Muscutt also decamping. Squires former City litigation head Robert Weekes meanwhile joined the firm in January, while 15 other lawyers left the firm for Morgan Lewis in February.

Monckton Chambers made a law firm play, adding Joseph Hage Aaronson litigator Steven Gee QC to its ranks. Gee returns to the barristers’ chambers after five years at the litigation boutique, having formerly headed up Stone Chambers.

Joint head of Monckton Chambers, Philip Moser QC, welcomed the hire: ‘Steven’s significant experience, both at the Bar and in a law firm, will provide inspiration and impetus further to expand Monckton’s commercial litigation and arbitration work. We believe his addition is a significant milestone in the recognition of Monckton Chambers as a leading set for commercial litigation and arbitration.’

Finishing off the City hires, DAC Beachcroft acquired David Johnson from Weightmans where he led its political and markets advisory group for four years. Johnson focuses on handling large-loss catastrophic injury cases and high-value fatal accident claims.

Eversheds Sutherland, meanwhile, made a hire in the regions, with the addition of corporate partner Michael Birchall, who joins from Addleshaw Goddard.  Birchall will now spearhead the firm’s corporate practice in Manchester while also working closely with the firm’s team in Leeds. Birchall had previously been based in both Manchester and London for Addleshaw.

Further afield, DLA Piper led a busy international recruitment round, hiring in Frankfurt and Dublin. In Germany the firm enhanced its litigation and regulatory practice with the hire of Gleiss Lutz associated partner Emanuel Ballo. It marks a return for Ballo, who had worked at DLA Piper between 2011 and 2015, having advised a number of international companies on issues related to white collar crime.

Meanwhile DLA Piper hired tax partner Maura Dineen to the firm’s newly opened Dublin office. Dineen joins from Mason Hayes & Curran, and is DLA Piper’s fifth partner hire in Ireland in a month.

Fieldfisher made a double hire in Madrid, with Jesús Estévez and Elizabeth Malagelada joining the firm’s Spanish offering. Both come from Big Four outfit EY, where Estévez worked in the firm’s banking and finance practice while Malagelada worked in the tax department. Estevez had been a partner at EY For four years and prior to that was a partner at Baker McKenzie; Malagelada meanwhile had been at EY for six years.

Completing the international recruitment round, Mayer Brown expanded its corporate and securities practice in Hong Kong with the hire of former Kirkland & Ellis and Hogan Lovells partner Steven Tran. As a private equity and M&A lawyer, Tran acts for funds and major financial institutions and has been based in Asia for almost 20 years.

‘Steven’s appointment reflects the continued growth of our corporate capabilities in Hong Kong as a service hub for Asia,’ said Jason Elder, co-leader of Mayer Brown’s corporate and securities practice.

thomas.alan@legalbusiness.co.uk

‘A leading player’: Fieldfisher ups real estate game with RPC construction and projects team

‘A leading player’: Fieldfisher ups real estate game with RPC construction and projects team

Enterprising top-25 firm Fieldfisher has made a significant construction and projects play, hiring a team including two partners from RPC.

Dan Preston, who was RPC’s head of construction and projects, is joining Fieldfisher alongside fellow partner David Thorne in addition to a team of five associates. One of those is senior associate Jamie Key, who will join Fieldfisher as a partner. Continue reading “‘A leading player’: Fieldfisher ups real estate game with RPC construction and projects team”

Watson Farley & Williams makes major City energy play with Clifford Chance Africa director

Watson Farley & Williams makes major City energy play with Clifford Chance Africa director

Watson Farley & Williams (WFW) is set to hire Titus Edjua, director of Clifford Chance’s (CC) Africa group, to boost its project finance capabilities.

According to a source, one other lawyer is due to be joining WFW from CC as part of the same move, but this has not been confirmed by either firm. He is set to start at WFW on 1 April. Continue reading “Watson Farley & Williams makes major City energy play with Clifford Chance Africa director”

Revolving Doors: Crowell & Moring secures three-partner team from Squire Patton Boggs while Dentons makes City hire from Fieldfisher

Revolving Doors: Crowell & Moring secures three-partner team from Squire Patton Boggs while Dentons makes City hire from Fieldfisher

City recruitment was active last week, as Crowell & Moring and Dentons made the standout hires while Baker Botts also made a City move.

US firm Crowell & Moring led the way in the City, recruiting a three-partner team from Squire Patton Boggs a month after hiring financial litigation partner and former City head Robert Weekes from the same firm. Weekes will be joined by litigation partner Laurence Winston, London insolvency head Cathryn Williams and insolvency partner Paul Muscutt. Continue reading “Revolving Doors: Crowell & Moring secures three-partner team from Squire Patton Boggs while Dentons makes City hire from Fieldfisher”

Revolving Doors: DAC Beachcroft hires from Kirkland in the City while Morgan Lewis leads international team push

There was no love lost between firms in the lateral market last week, with DAC Beachcroft, Withers and Reed Smith being the primary movers in the City while Morgan Lewis led a trio of firms looking further afield to the Middle East and Asia Pacific to expand their international benches.

In the most significant City move of the week, DAC Beachcroft secured the hire of Chris Wall to head up its banking team. A rare partner departure for Kirkland in London, Wall will now be situated in London and Bristol for DAC Beachcroft, heading its banking team as well as leading members from its real estate finance and corporate practices. Continue reading “Revolving Doors: DAC Beachcroft hires from Kirkland in the City while Morgan Lewis leads international team push”

From pavements to sidewalks: PE star Mahon’s move to Simpson Thacher melts CC hearts to stone

From pavements to sidewalks: PE star Mahon’s move to Simpson Thacher melts CC hearts to stone

The success of Simpson Thacher & Bartlett where others have failed in luring Clifford Chance (CC)’s Amy Mahon to the other side has dealt a blow to CC’s corporate practice and other US firms vying to hire her.

Mahon – who in Legal Business last year told of her long-standing grievance with popstar Adele after a row over a nanny – told CC words to the effect of ‘that’s it, I quit, I’m moving on’ and surfaced at Simpson Thacher in January. Continue reading “From pavements to sidewalks: PE star Mahon’s move to Simpson Thacher melts CC hearts to stone”

Significant hires

Significant hires
  • In its most significant hire since David Higgins’ move to Kirkland & Ellis in 2017, the US leader tapped Freshfields Bruckhaus Deringer again by acquiring another of its private equity veterans, Adrian Maguire. The move for Kirkland further strengthens the firm’s ambitions to bulk up its European M&A practice, while for Freshfields the departure raises further concerns over its ability to retain top City talent (see comment).
  • Kirkland & Ellis also expanded in the City through the hire of tax partner David Irvine from US rival Weil, Gotshal & Manges. With particular experience of tax issues on a range of financing and restructuring transactions, Irvine now rejoins former Weil Gotshal partners Jonathan Kandel, Ian Ferreira and Frixos Hatjantonas.
    Continue reading “Significant hires”

KPMG ups the ante with 145-lawyer hire in France and new consultancy service

KPMG ups the ante with 145-lawyer hire in France and new consultancy service

KPMG has added its name to the list of Big Four accountants ramping up their legal service offering in recent months, with a mammoth team hire from French law firm Fidal and the launch of a new legal consulting service.

News emerged today (8 February) that 145 lawyers have left Fidal to join the accountant’s newly created French legal arm, KPMG Avocats. The tax-focused team includes 26 partners, and KPMG Avocats plans to eventually grow its headcount to more than 400. Continue reading “KPMG ups the ante with 145-lawyer hire in France and new consultancy service”