Berwin Leighton Paisner (BLP) has given its growing banking and capital markets team a lift with a hire from Skadden Arps Slate Meagher & Flom.
Paul Simcock, a counsel in Skadden’s London office, will join BLP in September as a partner, focusing on acquisition and leveraged finance. He also has expertise in high-yield finance.
His hire follows those of partners Andrew Bamber from Allen & Overy, who heads BLP’s leveraged finance team, and former Kirkland & Ellis partner Raymond McKeeve, who both joined in 2009.
Simcock said in a statement: “The markets have changed. The bond market has recently experienced record highs and leveraged buyouts are being completed, but the deals are on new terms. This ’new normal’ is a fantastic opportunity for dynamic, innovative law firms that have used the downturn over the last few years to reinvent themselves. BLP is at the forefront of the UK-based law firms that have achieved this repositioning.”