The head of DLA Piper’s Washington office Frank “Rusty” Conner has left for Covington & Burling alongside M&A partner Michael Reed.
The head of DLA Piper’s Washington office Frank “Rusty” Conner III has left for Covington & Burling alongside M&A partner Michael Reed.
According to American Banker the pair gave themselves just one weekend between leaving DLA Piper’s Washington office for Covington. Their names had already been removed from the firm’s website at the time of writing.
It is not known who is replacing Conner as the head of its Washington DC office. The chair of Covington’s corporate practice Scott Smith said: “Rusty and Michael are highly regarded in the financial institutions industry and have a significant track record in both M&A and capital markets, areas of renewed focus by the banking industry.”
“Post-financial crisis, the combination of deal and regulatory expertise is especially critical,” added chair of Covington’s financial institutions practice John Dugan.
The pair have worked on more than 500 transactions with an aggregate deal value in excess of $15bn, having handled more than 300 capital markets transactions.
The news comes in the same week that DLA Piper has shaken up its global management ranks. Today (4 February 2014) The Lawyer revealed that co-CEO Nigel Knowles is to replace Tony Angel as global co-chairman while London IP partner Simon Levine has been appointed as the firm’s next joint CEO (4 February 2014).