Linklaters has moved quickly to replace private equity partners Richard Youle and Ian Bagshaw by relocating Stockholm-based corporate partner Roger Johnson to London and appointing corporate partner Nick Rees as head of the group.
Youle and Bagshaw resigned from the magic circle firm last week (17 October) to join the London office of White & Case following months of speculation. The firm called a meeting of associates on Thursday (17 October) following the revelation. At present it is unclear how many associates will be joining them.
It is understood that Johnson’s move to London had been planned for several weeks. A Linklaters source confirmed: “We’ve known this was going to happen for a while.”
Johnson worked in the firm’s Stockholm office as an associate between 2002 and 2009 and joined Nordic firm Hannes Snellman as a partner in 2009. He rejoined Linklaters as a partner in 2011 and has acted for clients such as Triton Partners and ECT.
Rees became partner at Linklaters in 1994. He had a four-year stint in the firm’s New York office between 2007 to 2011, where he was co-managing partner.