Rogers & Wells London loses partner to Lathams

The London office of Rogers & Wells is losing a second partner to Latham & Watkins only five months after completing its merger with Clifford Chance.

The five-partner office witnessed the departure of corporate partner Michael Immordino to Lathams in October last year. His colleague Olof Clausson now joins him from the merged firm.

Immordino moved because his Italian practice had referral relationships which would have been in conflict with Clifford Chance. In addition, sources tell The Lawyer that Clausson's Scandinavian practice may have been suffering similar difficulties.

Clausson's clients include investment banks Merrill Lynch, Goldman Sachs, Robertson Stephens and Credit Suisse First Boston.

He also represents a number of Nordic investment banks including Alfred Berg and Carnegie.

His move to Lathams boosts the firm's London office to 10 partners – three of whom practise English law. His practice focuses on cross-border capital markets transactions and mergers and acquisitions involving Scandinavian companies.

Managing partner Joseph Blum says: “We are trying to build a business in London focusing on Europe and Michael Immordino has been a tremendous development for our Italian practice.

“He's been a very good friend of Olof for a long time and because he is happy and his business is booming, Olof has decided to come and join us too.”

Blum says 40 per cent of the London office's work is project finance, 40 per cent corporate finance and the rest M&A.

Blum says: “His practice, with its Scandinavian focus, adds breadth to our European-based corporate finance work, bringing expertise not only geographically in Sweden, Norway, Denmark and Finland, but also in the emerging technologies area, where the Nordic region is at the forefront.”