A hire plain for US firms in London

There are hires, and there are hires. The latter, also known as a ‘big hire’, is the group into which the poaching of Goldman Sachs restructuring star Andrew Wilkinson by Weil Gotshal & Manges squarely falls.

Wilkinson, the man who launched spectacularly Cadwalader Wickersham & Taft’s London office in 1997, will join Weil at the end of April. His task? To help Weil win as many company-side mandates as it can and help continue the build out of the firm’s restructuring practice, which was kick-started three years ago off the back of another lateral, namely Jones Day restructuring head Adam Plainer.

No doubt for Wilkinson the challenge of shifting back to private practice and building a business is all the incentive he needs. Others prefer something a little more tangible.

So talking of hiring, how’s this for an incentive. White & Case has offered Linklaters private equity associates up to £40,000 in ’golden hellos’ to join star private equity partners Richard Youle and Ian Bagshaw, who quit the magic circle firm last year ().

For much more detail on how hiring is defining the UK market for the top US firms, see our annual International Top 30 Firms in London feature next week.

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