Bracewell & Giuliani’s triumphant entry into the London market has stalled after it was snubbed by White & Case capital markets partner Peter Epp, who had been earmarked to launch the firm in the UK capital.
Epp, who was meant to bring a team of lawyers with him, declined the opportunity at the firm of Republican presidential candidate Rudolph Giuliani after accepting partnership at White & Case.
A Bracewell spokesperson said: “We’re taking some action to increase our presence in London and are still committed to building a UK capability.”
Bracewell’s London office is being manned by a single first-year equity capital markets associate, Jason Marett. Up until last year Marett was a paralegal at US firm Dewey Ballantine’s City office.
Bracewell managing partner Patrick Oxford said last September that the office would be operational by the end of 2006, as exclusively reported by The Lawyer (18 September 2006).
The London head is officially Martin Hunt, formerly of Slaughter and May. But he works out of Bracewell’s New York and Houston offices, coming to London when necessary.
Epp declined to comment.