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Kirkland & Ellis private equity partner Ross Allardice is set to join the London office of White & Case in a major boost for the US firm’s European private equity practice.
Scottish-admitted lawyer Ross Allardice, who was profiled in The Lawyer’s City Young Guns feature in 2007 (25 June 2007), started his career as a trainee in the Edinburgh office of Dickson Minto before moving to London. He opted to join the London office of Kirkland & Ellis in 2004 and became a partner in 2010.
The timescale for his departure is unclear, but the hire comes less than a month after Kirkland & Ellis lost restructuring partner Graham Lane to Willkie Farr & Gallagher (23 July 2013). The co-chair of Willkie’s restructuring department, New York-based Marc Abrams, is understood to have visited the UK 15 times while trying to find a UK-qualified restructuring partner to launch the practice in London.
White & Case’s global M&A head John Reiss said: “Ross is joining us as part of our strategy to strengthen our market-leading Global M&A Practice and continue the expansion of our European private equity practice.”
The firm’s EMEA head of the M&A Jan Matejcek said: “Our London office has also been involved in a number of high profile private equity transactions, including recently the acquisition of Allflex by BC Partners. The Firm already has sizeable acquisition finance, high yield and employee & management incentives practices in London. We are now going to concentrate on growing out our London-based private equity practice.”
During the first six months of 2013 White & Case says it advised on 102 deals with an aggregate value of US$95bn.