Linklaters corporate partner Mark Stamp is leaving the firm to join US firm Milbank Tweed Hadley & McCloy.
Stamp, one of the magic circle firm’s top M&A partners, has advised major clients including pharmaceuticals company AstraZeneca (22 May 2006) and advised the Government on the sale of the Tote to Betfred last year (3 June 2011).
He also counts Sainsbury’s as a longstanding client, with the City partner advising the supermarket chain on its 2009 £445m capital raising (29 June 2009).
Milbank has been on the hunt for a senior corporate partner since M&A star Tim Emmerson quit for Sullivan & Cromwell in 2007 (4 January 2007).
It follows former Linklaters corporate head David Barnes’ move to Berwin Leighton Paisner (27 February 2012) and corporate partner Stephen Blackshaw’s transfer to US firm Sidley Austin (21 February 2012).
Linklaters is in the process of a major restructuring in which at least 10 per cent of partners are being axed (8 December 2011).
Last year banking partner Stephen Lucas quit Linklaters for another US firm, Weil Gotshal & Manges (31 May 2011).