Ashurst Davis Polk & Wardwell Ashurst finance partner quits for Davis Polk By Joanne Harris 12 November 2013 10:02 17 December 2015 13:56 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer The Hitcher 12 November 2013 at 10:48 I am sure Nick Benham is a pleasant and capable person but this is a pretty underwhelming hire by DPW – he has been a partner for less than 3 years! If they wanted ‘to offer a “complete international solution” in leveraged finance’ then they would need to follow a path like K&E, who hired Stephen Gillespie from A&O, or Simpson Thacher, who hired Tony Keel from A&O. Of course hiring a 3 year partner from Ashurt will be a lot cheaper than hiring a Michael Bates, a Nick Syson or a Stephen Kensell out of the Magic Circle. But you get what you pay for and one can only surmise that DPW are balking at investing the amounts they really need to in order to be a serious City player. Reply Link Anonymous 12 November 2013 at 12:14 Oops – a real mistake for them. How can a firm even with that brand expect to build a practice without senior figures leading it – arrogance or stupidity? Reply Link Edward 12 November 2013 at 15:57 To the above…what an archaic view of what makes for successful hiring. Seniority does not equal success and certainly not an ability to build a practice. Often the hiring of senior partners on guaranteed premiums has led to the downfall of a firm’s ability to develop. There’s lots of great junior partner’s out there capable of building a practice! Good luck to him. Reply Link Anonymous 12 November 2013 at 17:38 I don’t think DPW have ever been renowned for being cheap. I agree this isn’t the most eye-catching hire but Simon Witty and Will Pearce will not have come on London Living Wage….. Reply Link Anon 14 November 2013 at 17:20 He is a very good lawyer and a good guy. I wish him luck Reply Link Anonymous 15 November 2013 at 12:45 What a series of silly comments. If you are looking to make a splash in this market you need lawyers who know the key clients and can deliver. If you dont know Nick or think he isnt a good recruit then you are simply showing your own ignorance. Nick knows everyone in this market and is very well respected. He’ll be sorely missed by Ashurst and will do a great job at DPW. Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.