Weil, Cadwalader choose up NY white-collar leaders from rival legislation corporations

The emblem of legislation agency Weil, Gotshal & Manges LLP is seen exterior of their workplace in Washington, DC, US, August 31, 2020. REUTERS/Andrew Kelly

(Reuters) – New York legislation corporations Cadwalader, Wickersham & Taft and Weil, Gotshal & Manges every mentioned on Tuesday they’ve employed white collar protection follow leaders from rival corporations.

Cadwalader has added longtime Paul Hastings companions Kenneth Breen, who was head of the agency’s New York white collar group, and Phara Guberman. Breen, a former federal prosecutor, beforehand served for a decade as chair of Paul Hastings’ world investigations and white collar protection staff.

In the meantime, former Mayer Brown white collar protection co-leader Daniel Stein has joined Weil in the same position, in New York.

Stein, additionally a former federal prosecutor, will function co-head of 1,100-lawyer Weil’s white collar protection, regulatory and investigations follow.

He landed at Mayer Brown in 2016 after serving as chief of the felony division for the US Legal professional’s Workplace for the Southern District of New York.

A Mayer Brown spokesperson mentioned the agency needs Stein effectively.

The trial lawyer pair becoming a member of Cadwalader secured a win earlier this 12 months for consumer Matthew Connolly when a US appeals court docket threw out his and one other former Deutsche Financial institution AG dealer’s convictions for rigging the Libor monetary benchmark, and ordered acquittals for each males.

Each Breen and Guberman joined Paul Hastings in 2007, based on their LinkedIn accounts. A Paul Hastings spokesperson mentioned the agency needs the legal professionals effectively.

Katherine Loanzon, a New York-based managing director at authorized recruitment company Kinney Recruiting, mentioned in an e mail that the hires make sense amid a rise lately in inner investigations and US Securities and Alternate Fee enforcement actions.

“White collar work will at all times be a necessity in markets comparable to New York Metropolis,” she mentioned.

Cadwalader final week mentioned it introduced on Mike Rupe, who previously led the monetary restructuring group at King & Spalding, as head of particular conditions and reorganizations. The agency earlier this 12 months misplaced a 20-lawyer monetary providers staff to Fried, Frank, Harris, Shriver & Jacobson.

Learn extra:

Cadwalader provides former King & Spalding monetary restructuring head

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