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

0
61

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

Boswell is set to join Kirkland as a debt finance partner in its London office, the US law office stated on 22 September.

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

READ Kirkland & & Ellis poaches Allen & & Overy infrastructure 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 facilities funding, according to his profile on Clifford Chance’s site, as well as leveraged funding and restructuring.

“James is a very gifted lawyer with a strong track record for leading intricate infrastructure 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 assembling in London, which will work hand in hand with our strong infrastructure group in the US,” said Andrew Calder, a member of the company’s executive committee.

On The Other Hand, Clifford Chance stated on 22 September that it was hiring business partner Dominic Ross from United States firm White & & Case in London.

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

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

In 2015 Kirkland employed Freshfields Bruckhaus Deringer’s M&A private equity duo Vincent Bergin and Keir MacLennan as partners in London.

The company also employed Clifford Chance private equity rising star Gregory Scott as partner in 2015.

Kirkland shocked its partner track in 2015 to allow non-share partners to finish to its equity collaboration after 3 years rather than 4.

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

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

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