Kirkland & Ellis strikes Clifford Probability for London finance companion rent – Monetary Information

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Kirkland & Ellis hired finance partner James Boswell from Clifford Chance in its second poach of a Magic Circle partner this week.

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

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

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

Kirkland said it anticipated Pickersgill’s addition being the “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 website, in addition to leveraged funding and restructuring.

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

“He is an essential piece of the team we are assembling in London, which will work hand in hand with our strong infrastructure group in the US,” stated Andrew Calder, a member of the company’s executive committee.

Clifford Chance said on 22 September that it was working with corporate partner Dominic Ross from United States 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 excellent addition to our team and additional deepens our partner bench for M&A and corporate,” Melissa Fogarty, Clifford Chance’s joint head of corporate in London said in a statement. “We look forward to Dominic supporting the continued development 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 worked with Clifford Chance personal equity rising star Gregory Scott as partner last year.

Kirkland shook up its partner track last year to enable non-share partners to graduate to its equity collaboration after three years rather than 4.

Under the brand-new system, equity partners are paid a repaired $1.5 m in settlement in their first year post-promotion, before proceeding to participate in the firm’s variable profit sharing swimming pool.

Average earnings 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