Freshfields Bruckhaus Deringer partner Dougall Molson has been appointed as the firm’s head of finance for Paris.
Molson replaces Hervé Touraine in the role. Touraine returns to full-time fee-earning after five years heading the department.
He said it was a “great pleasure” to be able to hand the baton over to Molson, adding that heading the finance group was an interesting and consistently exciting task due to constant developments.
The announcement follows the recent change of managing partner at Freshfields in Paris. Antoine Colonna d’Istria stepped down after four years, to be replaced by litigator Elie Kleiman (18 October 2011).
Readers' comments (2)
Anonymous | 3-Nov-2011 3:10 pm
Interesting that Freshfields has appointed, respectively, US and English lawyers to head to their disputes and finance practices in Paris. Given the departure of the PPP group to Willkie, is this a sign that they are reigning in their French practice to emphasize more of a classical "international" operation?
Unsuitable or offensive? Report this comment
Anonymous | 3-Nov-2011 4:11 pm
Five years ago, Freshfields had as good a banking and finance, project finance and capital markets operation as existed anywhere in Paris. Since then, the firm has lost Hericotte, Kensicher, Collin, Matheson, Chedid, Quere, Sauvel, Hesse, L'Homme and the PPP team to rival firms, while Jean-Luc Michaud, who knitted so much together, has retired.
FBD has, in fairness, picked up a couple of names to plug the gaps, but there has been an absence of a firm hand on the tiller in this area for some time. Many might think that a finance management revamp in Paris is certainly not coming too soon.
Unsuitable or offensive? Report this comment