Mayer Brown ramps up finance practice with hires from Clifford Chance, Linklaters
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Mayer Brown has hired three leveraged finance partners for its London office after pledging to significantly bulk up its finance capabilities in the City.
Leveraged finance partners Lee Cullinane and Nicola Marley have joined the firm from Clifford Chance and Linklaters respectively. Asset based lending partner Graham Wedlake has joined the firm from Taylor Wessing.
Mayer Brown London senior partner Sean Connolly (pictured) said: “This is a further commitment to develop a leading City finance practice, complementing the skills and resource provided in the US, Europe and Asia.
“These hires are the first of a raft of measures to help us achieve this objective and they build on the significant successes the finance practice has achieved in recent years.”
As reported by The Lawyer last month, the firm is also in advanced talks with a group of leveraged finance lawyers from Allen & Overy as well as a capital markets team from White & Case (22 June 2009).
The plan to bolster the London practice comes after a management shake-up that saw former co-vice-chair Paul Maher leave the firm to set up a London office for US firm Greenberg Traurig (15 June 2009).
Chicago partner Bert Krueger has taken over the role of firm chairman, while Maher’s counterpart as vice-chairman Ken Geller, who is based in Washington DC, has been handed the newly created role of managing partner.
Readers' comments (2)
Anonymous | 13-Jul-2009 3:18 pm
I wonder what due diligence laterals do when they join firms. Joseph Collins was today convicted of criminal fraud in the Refco matter. Mayer Brown is being sued for civil fraud and negligence in the same matter for billions (and way beyond their insurance coverage). If the criminal standard is met, you would have to think the lower civil standard has been met, in which case it's difficult to see Mayer Brown espacing a massive payout (or worse) for the civil claims.
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Dirt | 13-Jul-2009 4:17 pm
Looks like those "backing away from a London presence" rumours were a bit premature
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