Linklaters returns for second banking raid on Freshfields

Linklaters has scooped a second banking star from archrival Freshfields Bruckhaus Deringer with the capture of partner Brian Gray.

Gray’s move, which was first revealed on www.thelawyer. com (22 June), comes just four months after former Freshfields restructuring and real estate finance partner David Ereira left for Linklaters in February.

Linklaters’ move signals that the firm has no intention of slowing its aggressive lateral hiring strategy.

Gray, who has been a partner in the Freshfields banking team since 2002, handed in his notice on 21 June and will join the 27 partners in Linklaters’ banking group after the summer.

In contrast, Freshfields has 12 partners left in its banking department.

Head of Freshfields’ banking practice David Winfield, who replaced Edward Evans last month (9 May), told The Lawyer that the firm has become more focused on leveraged finance and private equity work.