Morgan Lewis is set to pick up a finance team from Gide Loyrette Nouel’s Moscow office, the first lateral hire for the US firm after launching in Russia with a team from Dewey & LeBoeuf last year.
Gide finance partner Grigory Marinichev is joining Morgan Lewis within the next month, bringing with him a team of six associates and senior associate Konstantin Kochetkov who is joining as a partner.
The whole of Dewey’s Moscow office decamped to Morgan Lewis in May last year as their former firm teetered on the brink of collapse (4 May 2012).
Morgan Lewis in Moscow currently comprises eight partners and two local partners plus around 20 other lawyers, focusing predominantly on corporate and capital markets transactions. The firm has advised on a number of bond issuances, particularly of Eurobonds, since the move from Dewey last year (20 May 2013).
Marinichev joined Gide from Baker & McKenzie in 2004 and became a local partner at the French firm in 2009. He was promoted to full partner in January 2011 (5 January 2011). His clients include both corporates and banks, with work including debt refinancing for steel company Mechel in 2009 (27 July 2009).
Gide currently has six partners in Moscow including Marinichev, having just made banking lawyer Tim Théroux up as a local partner in this year’s promotions round.
The news follows Morgan Lewis’s announcement last week of its latest new office, in Dubai (2 July 2013).
Moscow managing partner Brian Zimbler described the hire as a “major step” for Moscow. ”We didn’t have a strong enough banking practice in Moscow,” he said. ”Reacting to client requests, we went out to find one of the top banking partners in the market and we’re ecstatic that we have him. We think it brings our whole practice to a higher level.”
Business and finance practice head Charles Engros said the team would help to build up Morgan Lewis’s global restructuring capabilities as well as fitting in with the firm’s existing emerging markets finance practice and the new Dubai office.
Gide declined to comment.