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Herbert Smith's Dutch best friend Stibbe is relocating London managing partner and corporate litigator Jeroen Fleming to Amsterdam to head the arbitration practice
The move leaves Stibbe with one partner, tax specialist Michael Molenaars, in London until April 2003.
Corporate capital markets partner Gerhardt Vels will take over the running of the London office next April.
As a corporate capital markets specialist, Vels will add new partner level capabilities to Stibbe London, such as M&A, private equity and corporate finance. His move signals Stibbe's intention to align London with Herbert Smith's current expansion plans.
The top 10 London firm is currently looking for a top private equity lawyer, and last week announced the hire of Linklaters equity capital markets partner Charles Howarth.