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Squire Sanders has announced the hire of a London corporate partner from US firm Dorsey & Whitney a week after boosting its private equity practice in Russia.
Matthew Doughty, who has already joined the firm, specialises in equity capital markets (ECM) and is a regular adviser to investment banks, brokers and financial advisers. Before joining Dorsey & Whitney in 2009 he had held roles at Addleshaw Goddard, where he was a partner, as well as O’Melveny & Myers and Allen & Overy.
Squire Sanders’ European managing partner Peter Crossley said the hire will play a crucial role in expanding the firm’s London capital markets practice as well as its role in global financial centers such as Hong Kong.
The move marks another loss for Dorsey & Whitney in London this year. In March, a team of tax litigators led by partner Simon Whitehead quit the firm for litigation boutique Hage Aaronson (4 March 2013). The US firm’s London co-head Barry Glazer told The Lawyer at the time that there were no immediate plans to replace the team.
He said: “While we’re sorry to see the team leave it was a stand-alone group and has no spill over effect on the rest of our core practice areas.”
Last week (17 June) Squire Sanders also hired Goltsblat BLP partner Anton Rogoza for its Moscow office. Bilingual in Russian and English, he is expected to leave Goltsblat, part of the Berwin Leighton Paisner (BLP) group, for Squire Sanders’ corporate finance group later on in the year.
Moscow corporate partner David Wack said the firm has focused on building its M&A and private equity practice in Russia over the last few years. He said: “We are continuing to invest and grow the team to support our Russian and international clients.”
However this year has not been all about expansion for Squire Sanders. At the start of June US firm McGuireWoods expanded its Brussels competition and EU team with four lawyers, including one partner, from Squire Sanders (13 June 2013).