Kirkland & Ellis strikes Clifford Likelihood for London finance associate rent – Monetary Information

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Kirkland & Ellis worked with finance partner James Boswell from Clifford Chance in its 2nd poach of a Magic Circle partner today.

Boswell is set to join Kirkland as a financial obligation financing partner in its London workplace, the US law office stated on 22 September.

Kirkland said on 21 September that it had actually hired Allen & & Overy’s global facilities co-head Sara Pickersgill— an M&A partner– to establish a European infrastructure and energy practice.

READ Kirkland & & Ellis poaches Allen & & Overy facilities co-head in London

Kirkland stated it prepared for Pickersgill’s addition being the “very first of numerous hires” in Europe the firm produces the sector.

Boswell’s practice consists of infrastructure financing, according to his profile on Clifford Chance’s website, as well as leveraged financing and restructuring.

“James is a very talented lawyer with a strong credibility for leading intricate facilities financings in the UK and throughout Europe,” said Jon Ballis, chair of Kirkland’s executive committee.

“He is a crucial piece of the group we are putting together in London, which will work hand in hand with our strong infrastructure group in the United States,” stated Andrew Calder, a member of the firm’s executive committee.

Clifford Chance said on 22 September that it was hiring corporate partner Dominic Ross from US firm White & & Case in London.

READ Kirkland & & Ellis’s new equity partners take home $1.5 m after partner track shake-up

“Dominic is an outstanding addition to our group and more deepens our partner bench for M&A and business,” Melissa Fogarty, Clifford Chance’s joint head of corporate in London stated in a statement. “We eagerly anticipate Dominic supporting the ongoing growth of our business practice.”

Last year Kirkland worked with Freshfields Bruckhaus Deringer’s M&A personal equity duo Vincent Bergin and Keir MacLennan as partners in London.

The company also employed Clifford Chance personal equity rising star Gregory Scott as partner last year.

Kirkland shocked its partner track last year to permit non-share partners to finish to its equity collaboration after three years instead of 4.

Under the new system, equity partners are paid a repaired $1.5 m in settlement in their very first year post-promotion, prior to carrying on to participate in the company’s variable profit sharing pool.

Average profit per equity partner at Kirkland was $7.38 m in 2021, according to the American Lawyer publication.

To get in touch with the author of this story with feedback or news, e-mail James Booth