Haarmann Hemmelrath in Paris is poaching a partner from Landwell, the legal arm of PricewaterhouseCoopers (PwC).
Alfred Fink, who heads the German desk of Landwell's Paris office, will join Haarmanns in April. He currently heads a team of eight lawyers who advise German clients on tax, M&A and capital markets.
One source says that conflicts of interest with PwC's auditing clients make it difficult to win high-profile transactional work.
Haarmanns' Paris office, which opened three years ago, now has 30 lawyers. The firm plans to grow to 80 in the next two years, focusing on venture capital, structured finance and international tax work.
Since the 1998 Pricewaterhouse merger with Coopers & Lybrand, Landwell has lost over 100 lawyers but has recruited around 130.
“We're sorry that Fink is leaving, he is a good lawyer, but we will be recruiting between 10 and 12 new partners in the next three months,” says Landwell managing partner Gerard Nicolay.