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Baker & McKenzie's head of securities has left the firm in favour of 30-partner New York practice Kronish Lieb Weiner & Hellman
Malcolm Ross joins fellow Baker & McKenzie colleague Michael Movins, who moved to Kronish Lieb at the beginning of the year. Kronish Lieb managing partner Alan Levine said: "Malcolm and Michael bring increased depth to the capital markets practice of the firm. "While it's obvious that these areas generally are slow, we saw this as an opportunity to increase our breadth and be ready for when things turn around." Ross, who acted on more than 300 securities offerings during his nine-year tenure at Baker & McKenzie, specialises in advising companies in M&A, debt restructurings and public and private securities offerings. He also handles initial public offerings, high-yield debt and equity-linked offerings for banks. He will join Kronish Lieb's eight-partner corporate group. A Baker & McKenzie spokesperson said: "Malcolm was a partner of the New York office. He left in October to pursue other opportunities." The firm would make no additional comment.