Midtown firm Wedlake Bell has snared rival Boodle Hatfield’s former managing partner after he was ousted from the role during a management overhaul last year.
Chris Putt, a corporate finance and M&A specialist, joins Wedlake Bell as a partner in the corporate practice after nearly 11 years at Boodles.
Since January 2004, Putt has led Boodles’ corporate practice after being toppled from the role of managing partner. He was replaced by property head Richard Maughan.
The coup for Wedlake Bell followed a major overhaul of senior management and reorganisation at Boodles to refocus on its core practice areas of real estate, tax and financial planning. Boodles had previously attempted to build up its corporate practice, but was hampered by the downturn in deal flow at the time.
The loss of Putt reduces Boodles’ corporate and commercial practice group to just two partners and two supporting fee-earners. The firm’s overall partnership has dropped to 28.
Wedlake Bell’s corporate team has been bolstered to five partners and seven fee-earners. Putt’s appointment pushes the firm’s overall partnership past the psychological 40-partner barrier to reach 41 partners. The firm has been attempting to build up since it acquired private client boutique Beattie & Co.