In a sign of the travails facing law firms doing business in ‘unusual jurisdictions’, Enyo Law has established an in-house business intelligence unit to help conduct due diligence and build business while it has also bolstered its ranks after partner Annabel Thomas exited for Mishcon de Reya earlier this week, hiring Eversheds partner Jonathan Brook.
The prize – is team recruitment all it’s cracked up to be?
For many ambitious law firms the holy grail of partner recruitment is the team hire. Legal Business asks if hiring en masse is all it’s cracked up to be.
A little over a decade ago structured finance partner Jonathan Walsh had reached the moment of truth after months of discussions. Walsh told his firm, Norton Rose, he was resigning along with fellow partners Vincent Keaveny, Bruce Somer and Simon Porter for Baker & McKenzie, taking a sizeable chunk of the firm’s City securitisation practice with it.
Continue reading “The prize – is team recruitment all it’s cracked up to be?”
You can’t buy loyalty – the dos and don’ts of making the lateral hiring game pay off
Fieldfisher’s Matthew Lohn argues that patience, structure and a dash of decency go a long way in hiring a partner
For most law firms, growth connotes success. Strategies to deliver the desired growth will usually rely on a steady, sometimes significant, stream of lateral partner hires. These new partners are perceived to be integral to the future success of a business – a supply of fresh talent which can expand different practice areas, enable a firm to enter new jurisdictions and access new clients. Successful law firms openly entice an assortment of lawyers from other firms to initiate or strengthen their offering. Success or failure of lateral hiring has consequently become important and the art and science of the lateral hire is becoming an increasingly analysed issue. Firms need to understand how a ‘lateral’ becomes an established and successful partner of their new firm – so what is the magic formula for success?
Team moves – Alec Harvey and Richard Nicolle discuss the risks
Team moves in London’s legal market are on the rise, particularly among US law firms establishing new offices or practice groups.
The potential benefits of a team move are not limited to critical mass – the new employer may gain a significant competitive headstart by acquiring a ready-made team, client relationships and increased market credibility.
Even where single partners are targeted, they are frequently asked whether they require support from existing team members and acquiring junior lawyers, who often service the daily needs of clients, can enhance the ability to leverage client relationships. Continue reading “Team moves – Alec Harvey and Richard Nicolle discuss the risks”
Withers takes its pick of McKenna Long partners ahead of Dentons tie-up as firm launches three US offices
Withers has launched three new offices in the US with the hire of a nine partner team – the majority of which come from McKenna Long & Aldridge as the US firm carries on leaking partners ahead of a combination with Dentons.
City moves: Kirkland sees another exit as Proskauer hires Howe while Hogan Lovells builds its high yield offering with Dentons hire
Proskauer Rose has continued to build its London corporate offering, bringing in M&A partner James Howe from Kirkland & Ellis, while Hogan Lovells has strengthened its debt capital markets (DCM) team in the City with the hire of high-yield partner Sylvain Dhennin from Dentons.
Mishcon de Reya hires Enyo Law partner in ongoing disputes push
After having left Addleshaw Goddard in 2010 to join high-end disputes boutique Enyo Law, partner Annabel Thomas (pictured) is returning to a full service LB100 firm and joining Mishcon de Reya’s disputes practice.
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Revolving Doors: Hill Dickinson makes a double hire to its real estate team while Hogan Lovells makes a key lateral in New York
The past seven days have seen Hogan Lovells make a key arbitration hire in New York, Jones Day make a play for Latin American disputes with a double hire in Miami while Hill Dickinson undertook a double hire of its own to bulk up its real estate team.
Ashurst hires Freshfields’ Australia head and former Tokyo managing partner to bolster cross-border work
Ashurst has made a rare lateral hire from Freshfields Bruckhaus Deringer in London, bringing in the firm’s country partner for Australia and co-head of mining and metals, James Wood, to bolster its corporate division.
Hogan Lovells expands Frankfurt office with senior Skadden PE partner Jaletzke and lawyer duo
Hogan Lovells has bolstered its German operations with senior corporate partner Matthias Jaletzke, who counts Apax Partners among his clients, joining the firm from Skadden, Arps, Slate, Meagher & Flom alongside two other lawyers.