Hammonds takes two associates as partners

Hammonds takes two associates as partnersHammonds has ramped up its banking practice with Kirkland & Ellis senior associate Samrad Nazer and Denton Wilde Sapte senior associate Iain Shurwood who both join the partnership.

Both Nazer and Shurwood join the firm’s banking practice in London and will work alongside partners David Sachs and Graeme Carney.

Hammonds banking head Jonathan Edwards said the hires proves his firm’s commitment to expanding the banking practice in London. “Their dynamic and enthusiastic approach will help to take the practice to the next level,” added Edwards.

Nazer will strengthen Hammonds’ acquisition and leveraged finance capabilities, as well as structured finance and asset finance. He also covers the whole range of bank lending with clients including multinational corporates and private equity sponsors, such as Bain Capital, Madison Dearborn, Sun Capital Partners and Sankaty.

Shurwood also specialises in leveraged finance and corporate lending. His clients include RBS, HBoS, HSBC, Lloyds TSB and GE.

The news echoes Simmons & Simmons strategy of hiring magic circle associates as partners, the latest coming with the addition of Marc Thorley from Clifford Chance (The Lawyer, 18 August).

Simmons litigation chief Colin Passmore said the current climate means many firms have the opportunity to snap up good senior associates who are looking for ways to progress up the career ladder.

Asked about Simmons’ targeting of senior associates, Passmore said there is a lot of good talent at magic circle firms who are finding it difficult to make partner.