Senior associate Gianluca Fanti and associate Roberto Tazzioli, both from the office’s securitisation team, are leaving A&O for rival Linklaters.
As first reported in The Lawyer (29 January), A&O lost star banking and finance partner Mencacci to Linklaters, then suffered a blow as head of banking Giancarlo Castorino left the magic circle firm to join Italian independent MBL & Partners.
Meanwhile, Linklaters has been cherry-picking lawyers to put together an Italian-qualified team for a renewed push in the peninsula.
As reported on www.thelawyer.com (1 March), the firm has signed a lease with property developers Tishman Speyer to rent a space 2,600 m sq in the five-storey building on Milan’s via Santa Margherita, with room for 80 staff.
Mencacci was Linklaters’ first Italian-qualified partner since the firm split from Gianni Origoni Grippo in April 2004.
Linklaters followed up Mencacci’s hire by poaching a two-partner team from Pedersoli e Associati, including well-known partner Dario Longo.
Fanti and Tazzioli are also dual-qualified; Fanti in the US and in Italy, and Tazzioli in the UK and Italy.
A&O is still exploring all options, which include not replacing Castorino at all, for rebuilding its banking team in Italy, which is currently being managed by Rome-based Catia Tomasetti. As reported in The Lawyer (5 March), the Milan office has been given a recent boost by the temporary presence of London-based banking partner Fiona FitzGerald.