U.S. law firm Vedder Price is launching in London with the hire of Clyde & Co’s co-head of aviation finance, Gavin Hill, marking the firm’s first presence outside of its home country.

The City office will go live next month, with Hill and ex-Freshfields Bruckhaus Deringer senior associate Derek Watson — who left the Magic Circle firm earlier this year to join Clydes — set to become the two resident partners.

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