White & Case star quits for Herbert Smith

Jackaman, who joined the US firm from Clifford Chance two years ago, specialises in structured capital markets work, with a particular focus on collateralised debt obligations (CDOs). His arrival will strengthen the firm&#39s relationship with Morgan Stanley in this area, although he has also worked for the likes of Merrill Lynch and ABN Amro.
Jackaman is Herbert Smith&#39s first major hire into the structured finance team since it took on Jane Borrows from what was then Sidley & Austin two years ago. Although Herbert Smith has a growing reputation in acting for banks, it has historically been better known for its work for originators.
Jackaman said: “I&#39m moving because of the opportunity of joining a firm with a strong brand, which is growing in finance.”
Jackaman&#39s departure from White & Case leaves a vacancy to be filled on the UK structured finance side, although capital markets partner Rachel Hatfield is expected to step into the breach for the time being.
White & Case partner Mike Goetz said: “Jake&#39s a good lawyer and was a valued member of the team, and there are no hard feelings.”