Skadden banking counsel set for September switch to BLP

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.

Senior associates John Taylor and Julio Dominguez, who focus on private equity, will join next month from Dickson Minto and Freshfields Bruckhaus Deringer respectively.

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.”