Lovells’ Baird flies off to Allen & Overy

Allen & Overy” />Lovells private equity star Derek Baird (left) has resigned for Allen & Overy, leaving the top 10 City firm with just one private equity partner in London. Baird is the second private equity partner to quit Lovells in recent months. Last autumn it lost German private equity star Oliver Felsenstein and a team of associates to Clifford Chance. Following Baird’s departure, rainmaker Marco Compagnoni will be the only London-based private equity partner at Lovells. First revealed on www.thelawyer.com 18 January