Dewey Ballantine has raided an Italian firm for two partners for its Milan office.
Adriano Pala and Emanuela Ciaffi have joined as local partners from d’Urso Munari Gatti, where they have worked for the past eight years. The partners have a broad range of legal experience including corporate, capital markets and insolvency.
Head of Dewey in Italy Bruno Gattai said the pair’s experience in capital markets would help the firm take advantage of the increasing levels of financial activity in Italy, especially in IPOs.
The hires bring the number of partners and local partners in the Italian practice to eight.
Dewey’s Italian practice has been one of the success stories of its international expansion. Earlier this year it advised on what was then Europe’s largest lever- aged buyout, the €12.2bn (£8.32bn) acquisition of telecoms group Wind by Weather Investments. The firm shocked the legal market in 2003 when it raided three firms and an investment bank to launch its Italian practice, with six partners and offices in both Milan and Rome.