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After a relaxing August break, the Italian market has kicked off the new term with a bang. But some managing partners have returned to offices a bit quieter than when they left.
Hammonds Rossotto senior partner Riccardo Rossotto may well have exclaimed: "Dove sono i miei avvocati?!" after DLA Piper sprung a four-lawyer corporate team from his Milan office. [See story]
Meanwhile, Linklaters' growth continued apace with a swoop on Bonelli, making corporate partner Luca Picone its sixth big-name signature this year. [See story]
Getting a partner out of Bonelli is no mean feat. Linklaters is assembling an all-star cast in Milan as part of its global strategy to focus on top-end corporate and finance work.
This hiring frenzy by UK firms is all part of Italy 2.0. After a rough ride in the last few years, the Anglo-Saxons are back and ready to exploit divisions in their competitors to build up their practices.
The idea is that they have learnt from the cultural problems that ripped apart the Anglo-Italian joint ventures a few years ago.