Kirkland’s debt superstar Sachdev leads team exit as Paul Weiss launches English law practice

Kirkland’s debt superstar Sachdev leads team exit as Paul Weiss launches English law practice

Debt finance rainmaker Neel Sachdev (pictured) has led a team defecting from Kirkland & Ellis to Paul Weiss, in what will be seen as a major coup for the Wall Street firm’s City ambitions.

The hire of Sachdev is arguably the most influential transfer in the City’s history since buyout star David Higgins left Freshfields for Kirkland in 2017. It is a serious show of intent for Paul Weiss in London, establishing as it does an English law offering for the first time. Continue reading “Kirkland’s debt superstar Sachdev leads team exit as Paul Weiss launches English law practice”

Revolving Doors: Two Magic Circle firms reveal major US hires amid quieter week for City firms

Revolving Doors: Two Magic Circle firms reveal major US hires amid quieter week for City firms

Amid the typical August recruitment slowdown, one of the most notable moves of the past week saw Allen & Overy appoint Kfir Abutbul as the head of its energy private equity team in the US. Abutbul joins the firm from Paul Hastings, where he spent nearly five years as co-chair and vice-chair of its energy and infrastructure team, before which he was also a partner at Kirkland and Willkie Farr.

Chair of A&O’s US corporate practice, Bill Schwitter, said in a statement: ‘The addition of Kfir is an opportunity to continue the expansion of our US private equity and M&A practice.’ Continue reading “Revolving Doors: Two Magic Circle firms reveal major US hires amid quieter week for City firms”

Revolving doors: Shake-ups at Kirkland and Paul Weiss, as Fieldfisher picks up competition team hire

Revolving doors: Shake-ups at Kirkland and Paul Weiss, as Fieldfisher picks up competition team hire

Kirkland & Ellis was at the centre of not one but two of the biggest stories in the London lateral hiring market last week . First, the news broke that former Linklaters private equity star Roger Johnson was set to leave. Then, the firm announced its hire of Paul Weiss London managing partner Alvaro Membrillera.

Membrillera’s departure leaves Paul Weiss with only three partners in London, according to the firm’s website: David Carmona and Adam Wollstein, who made partner in December 2018 and January 2021, respectively, and David Lakhdhir, who cofounded the office in 2001 with Mark Bergman, of counsel in Washington DC since 2021. Continue reading “Revolving doors: Shake-ups at Kirkland and Paul Weiss, as Fieldfisher picks up competition team hire”

One in, one out: Deal star Johnson to exit Kirkland as Membrillera joins from Paul Weiss

One in, one out: Deal star Johnson to exit Kirkland as Membrillera joins from Paul Weiss

Roger Johnson, among the first wave private equity stars to defect to Kirkland & Ellis from the Magic Circle, has left the Chicago powerhouse’s London office.

The move was quickly followed by news that Kirkland has hired the well-respected private equity partner Alvaro Membrillera from Paul Weiss in the City, where he was London managing partner. Continue reading “One in, one out: Deal star Johnson to exit Kirkland as Membrillera joins from Paul Weiss”

Revolving Doors: International and domestic firms bolster finance, infra and disputes teams

Revolving Doors: International and domestic firms bolster finance, infra and disputes teams

Leading the high-profile moves last week, Paul Hastings has expanded its energy and infrastructure practice with the hire of Alistair McKechnie after a string of recent prominent hires that include Jessamy Gallagher and Stuart Rowson. McKechnie specialises in infrastructure finance and acquisition finance.

Speaking to Legal Business about the move, McKechnie he said: ‘There is undeniable momentum at Paul Hastings right now, and it’s clear the firm is on an upward trajectory both on a global level and in London. I watched with interest the hires of Jessamy and Stuart at the start of the year: it was clear they were building something unique in the sense that they go to market as a fully integrated energy and infrastructure practice, combining specialist capability across disciplines, and, crucially, covering both M&A and finance.’ Continue reading “Revolving Doors: International and domestic firms bolster finance, infra and disputes teams”

Revolving doors: More departures from Shearman as firms focus on financial services and infrastructure hires

Revolving doors: More departures from Shearman as firms focus on financial services and infrastructure hires

Shearman & Sterling has lost another two partners in London, as infrastructure and projects partners Ben Shorten and Trinh Chubbock moved over to Gibson Dunn, where Shorten will head the firm’s EMEA projects team.

‘Gibson Dunn has a fantastic energy practice,’ said Shorten. ‘When the opportunity came up, it was too good to miss out on.’ Chubbock concurred: ‘The platform speaks for itself.’ Continue reading “Revolving doors: More departures from Shearman as firms focus on financial services and infrastructure hires”

Revolving Doors: More hires in Houston as London’s energy, employment and corporate sectors witness key moves

Revolving Doors: More hires in Houston as London’s energy, employment and corporate sectors witness key moves

Leading the high-profile moves this week, Baker McKenzie has recruited Allen & Overy partner Fernando Torrente to head up its M&A and capital markets practice in Madrid. Torrente currently leads A&O’s corporate, M&A and capital markets practice and has built a strong track record spanning three decades in takeovers, IPOs, flotations, and other equity financing structures.

Meanwhile, Clifford Chance has revealed the name of the sixth partner to join its recently opened Houston office. Partner David Sweeney joins after spending six years at Akin Gump, acting for clients on M&A, energy finance transactions and operational matters across the globe. Continue reading “Revolving Doors: More hires in Houston as London’s energy, employment and corporate sectors witness key moves”

Revolving Doors: Global 100 firms lead on international hires

Revolving Doors: Global 100 firms lead on international hires

There was a strong international slant to last week’s round of lateral partner appointments, with firms making key hires in the US, UAE, Australia, and Hong Kong.

In the US, Bryan Cave Leighton Paisner (BCLP) has hired a six-partner team of IP lawyers, led by Song Jung, alongside corporate partner Jeffrey Haidet from Dentons. Jung joins as global chair of patents, having previously founded the global intellectual property and technology group at Dentons. Standout matters for Jung include advising on the G Chem v SKI trade secrets case, which was settled for $1.8bn. Haidet was Dentons’ US chair, and advises national and multinational companies on financial structuring, joint ventures, mergers and acquisitions, transactions, strategic alliances, and industry consolidation. Continue reading “Revolving Doors: Global 100 firms lead on international hires”

‘Our strategy is targeted and curated, and 100% client-centric’: Freshfields continues US hiring spree

‘Our strategy is targeted and curated, and 100% client-centric’: Freshfields continues US hiring spree

Following the recent hires of David Sewell and Damian Ridealgh to its New York office, Freshfields has announced six new partner hires across the US.

Heather Lamberg and Tina Sessions have joined the firm’s antitrust team in Washington DC and Silicon Valley. Lamberg, who previously worked at Winston & Strawn and Shearman & Sterling, advises on a range of antitrust cases, from class actions to criminal cartel investigations. Sessions, meanwhile, moves from Wilson Sonsini and advises on business-critical disputes with competitors and enforcement authorities, focusing on the technology sector. Continue reading “‘Our strategy is targeted and curated, and 100% client-centric’: Freshfields continues US hiring spree”

Revolving doors: Freshfields unveils multiple hires in US amid busy week for London firms

Revolving doors: Freshfields unveils multiple hires in US amid busy week for London firms

Amid a hectic start to June for lateral hiring, Freshfields has had a busy week, having added four new partners to both its London and New York practices. Derivatives and structured products specialist James Duncan will join the firm’s global transactions practice in London from Shearman & Sterling, following the news of its merger with A&O.

Duncan will advise the firm’s existing corporate, financial institution, financial sponsor, and private capital clients on cross-border transactions, strategic equity solutions and equity financings. Continue reading “Revolving doors: Freshfields unveils multiple hires in US amid busy week for London firms”