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

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Kirkland & Ellis employed financing partner James Boswell from Clifford Chance in its second poach of a Magic Circle partner today.

Boswell is set to sign up with Kirkland as a debt finance partner in its London office, the US law practice said on 22 September.

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

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

Kirkland said it prepared for Pickersgill’s addition being the “first of a number of hires” in Europe the company makes for the sector.

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

“James is a very gifted lawyer with a strong reputation for leading complex facilities fundings in the UK and throughout Europe,” stated 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 facilities group in the United States,” said Andrew Calder, a member of the firm’s executive committee.

Clifford Chance stated 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 house $1.5 m after partner track shake-up

“Dominic is an excellent 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 stated in a statement. “We anticipate Dominic supporting the continued development of our corporate practice.”

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

The firm likewise employed Clifford Chance personal equity rising star Gregory Scott as partner in 2015.

Kirkland shocked its partner track last year to allow non-share partners to finish to its equity partnership after three years rather than four.

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

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

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