Ashurst benefits from Orrick upheaval

Ashurst has bolstered its Paris office with the hire of energy finance partner Sylvie Perrin from Orrick Rambaud Martel.

Perrin joined Ashurst’s Paris arm on Monday 16 April, having left Orrick Rambaud Martel on Friday 13 April after negotiating her release from a three-month notice period.

Orrick Rambaud Martel has seen a steady flow of partners leave its Paris presence since the Paris arm of San Francisco-based Orrick Herrington & Sutcliffe and local boutique Rambaud Martel merged in January 2006.

Most recently the firm lost former Orrick Herrington & Sutcliffe Paris managing partner Raphaele Courtier to Bredin Prat and former Rambaud head of tax Roland Poirier to Paris independent Brandford-Griffith & Associés.

Perrin said her move was not related to the merger, although Ashurst did offer a better opportunity to develop her specialism within energy and project finance. Rambaud is historically strong in M&A and litigation, while Orrick’s Paris arm’s strength is in acquisition finance and tax specialisms.

Michel Lequien, Paris head of the energy, transport and infrastructure (ETI) team, said Perrin’s finance expertise would support his group’s existing PPP and PFI expertise. He said the hire was also part of the group’s rapid growth strategy for the next 12 months.

Perrin’s hire bolsters Ashurst’s ETI team in Paris to two partners and six lawyers. Three of the team specialise in financing, while the remaining five focus on projects.