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White & Case has poached M&A and corporate finance specialist Philip Broke from Ashurst as the US firm's new co-head of the London corporate practice.
Broke joins the New York-based firm as a partner and co-head of UK corporate alongside London senior partner Peter Finlay, focusing on M&A and corporate finance transactions involving investment banks, as first revealed on www.thelawyer. com (5 July).
The hire comes as White & Case seeks to ramp up its UK corporate capability. Last year M&A partner Ashley Ballard relocated from Milan, while corporate tax partner Peita Menon joined from Addleshaw Goddard.
Finlay, who has been driving the recruitment campaign, said the firm has "been aware for some time of the need to add further depth to our corporate team".
He said that Broke shared several investment banking clients with White & Case's finance and capital markets teams, including Merrill Lynch and ABN Amro, which the firm hoped he would transfer across to the corporate team.
Broke's start date has not yet been finalised, although he is expected to join the US firm later in the summer. He began his career with Ashurst in 1989, becoming a partner in 1997.
Ashurst announced the loss to its partnership last Tuesday (4 July), while Finlay made an internal announcement at White & Case at 10am on Wednesday 5 July.