For years, particularly since 2016 and the vote for Brexit, much has been written about the odds of London’s decline as a world financial hub. Most of it has focused on deal and investment activity. But there’s another metric, one that amply underlines the sheer pulling power of the City and suggests that far from […]
The City’s rush for leveraged finance talent has proven one thing – one partner just isn’t enough. Investments need to account for individual circumstances and performance. Why hire a sole rainmaker who might leave after three years when a team of five guarantees strength in numbers? This was critical in Sidley Austin’s thinking when it […]
In the last 12 months, the top 100 law firms in the UK have spent literally millions on lateral hires, bringing in a total of 12,177 new partners. Such hope. So many dreams. How many of them will actually work out? If you’re assessing return on investment then the usual response is to look at […]
Here are the moves of the week… New chair, but still hiring White & Case hired back a former lawyer this week; Mark Moody joined as a partner in London from Winston & Strawn. Moody was an associate at White & Case between 2000 and 2005, splitting his time between London and Singapore. He then […]
Goodwin Procter has snapped up a private equity and investment funds partner from Kirkland & Ellis. Jacqueline Eaves has spent nearly four years as a partner at the US firm, where she focused on advising private investment funds on a range of complex business transactions in the secondary market. Before joining Kirkland, Eaves spent four […]
Paul Hastings has swiped a finance capital markets duo from Weil Gotshal & Manges, despite the recent slowdown in deals activity in the market. Partner Patrick Bright, who heads Weil’s European high yield team, and partner Alexander Horstmann-Caines are leaving the firm to bolster Paul Hastings’ finance practice. This is the second time Paul Hastings […]
A Quinn Emanuel Urquhart & Sullivan commercial litigation and class actions partner has exited for Bryan Cave Leighton Paisner, only one year after joining the US disputes specialist. BCLP has recruited Ravi Nayer, who moves across into the firm’s London business and commercial disputes team. The hire comes just one year since Nayer joined Quinn […]
Almost a third of US firms had fewer associates in 2021 than at the start of 2020
Freshfields is yet to join the magic circle lateral hiring parade in London