Olswang has lured two key partners from Berwin Leighton's highly-respected private equity team.
Fabrizio Carpanini and Chris Mackie will join Olswang as soon as they have negotiated their exit from Berwin Leighton.
Jonathan Goldstein, chief executive at Olswang, says their arrival will prove a big step in building a full-service practice for new media clients. "They are two of the highest regarded private equity lawyers in London," he says.
"We have a growing expertise in the area and we have two or three partners who do a lot of venture capital work.
"[Carpanini and Mackie] bring mainstream credibility and it is a fantastic arrangement for us."
The news will be a blow to Berwin Leighton, which markets its ability to offer full-service corporate advice to internet entrepreneurs.
Private equity is a key component of these deals, which are mainly funded by venture capitalists.
The firm's new managing partner Neville Eisenberg says: "Private equity is important, and we plan to plug the gap. We have a number of senior people here even after they have left, including Peter Martin, who is a partner, and a number of senior associates. We will be recruiting to further develop that team."
Carpanini and Mackie joined Berwin Leighton in 1994 from Turner Kenneth Brown when the firm broke up. Neither was available for comment as The Lawyer went to press.