DLA Piper poaches Orrick Milan team” />DLA Piper Rudnick Gray Cary has raided Orrick Herrington & Sutcliffe‘s Milan office, scooping a six-lawyer team as part of a nationwide recruitment push.
This raid is the latest move among two firms that have become close rivals as their expansionist ways have clashed. The firms are involved in legal action in China after they both made raids on Coudert Brothers’ Chinese offices, first revealed by The Lawyer (5 June).
Alessandro De Nicola, managing partner for Orrick in Italy, hit back, saying: “From a personal point of view, I am very sorry to see them leave. In reality, there wasn’t that much synergy between [the administrative law group] and the rest of the firm.
“They were worried that their costs were rising. From our point of view, we have 10 administrative lawyers still and do not need replacements.”
Federico Sutti, DLA Piper’s managing partner for Italy, said the firm was looking to expand further. “We are planning some investments. We need to strengthen M&A and we need to build up a more credible capital markets and securities offering,” he explained.
DLA bagged public law partners Guido Bardelli and Alessandra Bazzani, along with associates Paolo Bertacco, Jacopo Recla, Gabriella Rondoni and Chiara Brunelli.
Sutti said he would like to add an M&A partner in both Rome and Milan because the local corporate markets work separately.
Sutti is confident that the laterals will gel with his existing team, after carrying out 62 interviews to find the right fit: “We’ve chosen people who share our approach and philosophy at work,” he said.