DLA is losing the head of its UK financial services regulatory practice to the London office of Wilmer Cutler & Pickering
David Capps will join Wilmer partners Simon Firth and James Greig and will focus on cross-border financial services regulatory, disciplinary and enforcement matters.
Wilmer has a high-profile securities regulatory and litigation practice in the US and Capps will be working closely with Washington DC and New York to develop the London side.
Capps said he was joining Wilmer because it offers a unique opportunity to grow a UK financial services enforcement practice when Financial Services Authority regulation and enforcement is expected to increase.
Firth believes employing Capps was the next logical step for the firm. "He'll complement our strengths and enhance our London financial services offering," he said.
DLA managing partner Nigel Knowles said he remains committed to growing the financial services practice.