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US attorney Bernard Nelson has left White & Cases London office, where he was administrative partner, to launch a capital markets practice in the London office of rival US firm Latham & Watkins.
Nelson, who has been with White & Case for 22 years, 10 of them in London, said: It was an opportunity too good to pass up. White & Case has a much larger office in London and is better established in some areas, but Latham & Watkins has the potential to become a major firm in all areas of work in London.
Latham & Watkins London managing partner Joseph Blum added: For the past year, we have targeted corporate finance and capital markets work as the next practice area for London.
Los Angeles-based Latham & Watkins is one of the West Coast firms to have built up a successful financial practice in the capital.
Francis Fitzherbert-Brockholes, White & Case executive partner in London, appeared unperturbed that Nelson may carry some clients with him. I am sure Bernard will do some work for them, but we will carry on in this field.