Linklaters loses second capital markets partner in two months

Linklaters has lost another capital markets partner with the exit of Nigel Pridmore, who quit the firm last month.

Pridmore’s destination is unknown but his departure follows debt capital markets partner Francis Kucera, who left for Ashurst at the end of 2013 (9 December 2013).

Kucera joined up with former Linklaters colleague Stephen Edlmann who held the roles of international finance chief and co-head of equity capital markets at the firm before joining Ashurst in 2010 as a consultant.

Both left after a career at Linklaters, with Pridmore joining the firm as an articled clerk 1988 and Kucera signed up in 1989.

Pridmore was relocated to Hong Kong in 2006 during a tough time for the firm’s finance practice, which housed capital markets and projects. His posting to Asia was an effort to bulk up that capability in China (13 November 2006).

He was moved back to London in 2010 and has jumped ship a month after the election of new Asia managing partner Marc Harvey. Harvey took up the reigns (2 December 2013) following former Asia chief Stuart Salt’s move to head up the global projects group in February 2014.

His is the latest in a string of capital markets exits from the firm, which is undergoing a volatile period. In July it lost Sinapore capital markets partner Arun Balasubramanian to Freshfields Bruckhaus Deringer (9 July 2013) and earlier in the year three capital markets partners and two lawyers left for White & Case (28 February 2013).

Partners Cenzi Gargaro, Philippe Herbelin and Séverin Robillard, consultant Gilles Endréo and associate Thomas Le Vert all joined White & Case’s Paris DCM team in 2013, with Le Vert joining as a partner. Endréo also became a partner partner at the US firm alongside the rest of the quintet, having previously been a partner at Linklaters.

By the middle of last year Linklaters had begun rebuilding its capital markets capacity in France. It took on Bertrand Sénéchal in Paris and made up capital markets lawyer Véronique Delaittre (29 April 2013). In July 2013 (11 July 2013). Sénéchal was been a partner at Shearman from 2005 to 2013 and advised on equity, equity linked and debt capital markets.