Ashurst finance partner quits for Davis Polk

  • Print
  • Comments (6)

Readers' comments (6)

  • I am sure Nick Benham is a pleasant and capable person but this is a pretty underwhelming hire by DPW - he has been a partner for less than 3 years!

    If they wanted 'to offer a “complete international solution” in leveraged finance' then they would need to follow a path like K&E, who hired Stephen Gillespie from A&O, or Simpson Thacher, who hired Tony Keel from A&O.

    Of course hiring a 3 year partner from Ashurt will be a lot cheaper than hiring a Michael Bates, a Nick Syson or a Stephen Kensell out of the Magic Circle. But you get what you pay for and one can only surmise that DPW are balking at investing the amounts they really need to in order to be a serious City player.

    Unsuitable or offensive? Report this comment

  • Oops - a real mistake for them. How can a firm even with that brand expect to build a practice without senior figures leading it - arrogance or stupidity?

    Unsuitable or offensive? Report this comment

  • To the above...what an archaic view of what makes for successful hiring. Seniority does not equal success and certainly not an ability to build a practice. Often the hiring of senior partners on guaranteed premiums has led to the downfall of a firm's ability to develop. There's lots of great junior partner's out there capable of building a practice! Good luck to him.

    Unsuitable or offensive? Report this comment

  • I don't think DPW have ever been renowned for being cheap. I agree this isn't the most eye-catching hire but Simon Witty and Will Pearce will not have come on London Living Wage.....

    Unsuitable or offensive? Report this comment

  • He is a very good lawyer and a good guy. I wish him luck

    Unsuitable or offensive? Report this comment

  • What a series of silly comments. If you are looking to make a splash in this market you need lawyers who know the key clients and can deliver. If you dont know Nick or think he isnt a good recruit then you are simply showing your own ignorance. Nick knows everyone in this market and is very well respected. He'll be sorely missed by Ashurst and will do a great job at DPW.

    Unsuitable or offensive? Report this comment

Have your say

Mandatory Required Fields

Mandatory

Comments that are in breach or potential breach of our terms and conditions in particular clause 8, may not be published or, if published, may subsequently be taken down. In addition we may remove any comment where a complaint is made in respect of it. These actions are at our sole discretion.

  • Print
  • Comments (6)