The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
His focus is on work for management on private equity deals, with historic clients also including Apax Partners.
Priestley joined Weil from Allen & Overy and featured in The Lawyer’s Hot 100 in 2009.
The move is effectively a London practice launch for Shearman, which currently only carries out a small amount of private equity work in the City through corporate partner Jeremy Kutner.
Shearman EMEA managing partner Nick Buckworth said the move was a continuation of his firm’s strategy for growth across its global platform’s core areas.
“Globally we’ve got a very significant private equity business but in London we didn’t have a recognised private equity partner to consolidate areas such as high yield, bank finance and M&A,” said Buckworth. “This is like dropping a piece into the puzzle.”
Shearman started voting on the team hire last Thursday (9 May). The move is the second significant private equity hire in the City in the past month after Latham & Watkinspicked up Clifford Chance practice head David Walker (8 April 2013).