Milbank, Tweed, Hadley & McCloy has raided Latham & Watkins' New York office for a five-partner banking and leveraged finance team. The partners include the global co-chair of Latham's banking practice group, who has had a strong relationship with Goldman Sachs, according to a source. The departure from Latham represents a rare loss for the 2,000-lawyer firm, which is more often known for acquiring large groups, and represents a rare acquisition by Milbank of partners in the United States from another law firm.
August 04, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Milbank, Tweed, Hadley & McCloy Tuesday raided Latham & Watkins’ New York office for a five-partner banking and leveraged finance team.
The partners included the global co-chair of Latham’s banking practice group, Marc P. Hanrahan, who has had a strong relationship with Goldman Sachs & Co., among other banks, a source familiar with the situation said. Their departure from Latham represents a rare group parting from the 2,000-lawyer firm and a hit to its banking and finance practice.
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