Jones Day raids Ashurst to beef up private equity

Jones Day is bulking up its Paris office with the hire of a partner from Ashurst.

Tax specialist Christopher Potter joins the US firm to strengthen its private equity expertise. He becomes Jones Day’s seventeenth France-based partner. His departure leaves Ashurst with just 12 partners in Paris.

Potter, who is dual-qualified in England and France, focuses on the taxation of investment funds and real estate investment, as well as international transactions.

Jones Day has also appointed Shearman & Sterling lawyer Françoise Labrousse as European counsel to head its environmental law practice. Labrousse will work closely with administrative and public law head Philippe Delelis.

Vincent Agulhon, head of Jones Day’s European tax practice, said Potter’s hire would boost the firm’s cross-border financing expertise.

The US firm has been established in Paris for several decades now and is one of the 25 largest firms in France by headcount.

An Ashurst spokesperson said the firm wished Potter well.