Husnara BegumDechert has made a dra-matic swoop on US firm Swid-ler Berlin’s New York office with the hire of 57 corporate and litigation lawyers, including 27 New York partners. A further eight lawyers will join from the firm’s Washington DC headquarters.
Swidler has vowed to continue to focus on real estate and finance work.
Commenting on the defections, Swidler managing partner Barry Direnfeld said the restructure was part of a long-term plan after the merger between Swidler and Shereff Friedman Hoffman & Good-man in 1998 had not worked out as planned. “We’re pleased that we’re able to accomplish this in a way that makes it a winning arrangement for all our partners,” he added.
Meanwhile, Swidler’s DC arm will concentrate on the growth of its core areas, including government affairs, telecoms, insurance, real estate, corporate and finance.