Orrick, Herrington & Sutcliffe, adding to a wave of hires this year, is continuing to expand its finance capabilities by adding Proskauer Rose’s former co-head of finance in New York and a partner from Kirkland & Ellis in Germany.
Vincenzo Paparo, who helped lead Proskauer’s finance group for more than seven years, joined Orrick’s New York office as a partner in the banking and finance group. Former Kirkland partner Christine Kaniak, an acquisition finance specialist, joined the firm in Munich, becoming the 31st new partner to join Orrick so far in 2018.
“Our strategy is focused on building strength on strength to serve the tech, energy and infrastructure and finance sectors globally,” said Orrick chairman and CEO Mitchell Zuklie. “In our lateral hiring, you’ll see us following that playbook in every market where we are hiring. The Bay Area, New York and Washington, D.C., were U.S. priorities this year, and half of our hires have been in those three markets.”
Orrick also made a significant investment in lateral hires in 2016. After a slower year in 2017, the firm’s lateral appetite picked up again this year. So far, it has added a total of 31 partners, including 23 in the U.S., six in Europe and two in Asia.
Paparo’s arrival follows a number of recent additions as the Silicon Valley firm grows its corporate, IP and litigation practices on the East Coast. Orrick kicked off 2018 by absorbing litigation boutique Morvillo, adding 15 lawyers to Orrick’s offices in New York and Washington. In New York the firm also added Arent Fox IP partners Paul Fakler and Eric Roman as partner and counsel, respectively, and David Schwartz joined the firm’s M&A and private equity practice from Hughes Hubbard & Reed in April.
Paparo’s practice focuses on commercial lending, real estate, corporate finance and cross-border matters. According to Orrick, the nearly 1,000-lawyer firm has about 250 finance lawyers worldwide.
Earlier this year, Orrick also boosted its public finance practice in Texas with a new office in Austin, a move that added more than 20 public finance lawyers from Andrews Kurth Kenyon.
More recently, Orrick lured Clement Roberts, a founding partner of tech litigation boutique Durie Tangri, to join the firm’s San Francisco office, and Jared Bobrow, formerly co-chairman of the patent litigation practice of Weil, Gotshal & Manges, to co-lead Orrick’s global IP practice with partner Sten Jensen in Silicon Valley.
“A top hiring priority was bolstering our Bay Area first chair patent trial team—an essential capability for the tech sector,” Zuklie emphasized. “We did that with the one-two punch of Jared Bobrow from Weil and Clem Roberts from Durie Tangri.”
Outside the U.S., Orrick has been prioritizing its growth in China and the United Kingdom. In Beijing, Zuklie said Orrick has focused growth on outbound M&A, hiring China-related corporate transactions expert Sarah Zeng, who was the former head of Dentons in Beijing, and private equity and mergers and acquisitions lawyer Jeff Zhang from King & Wood Mallesons.
In London, Orrick last month added disputes lawyer Mark Beeley from Vinson & Elkins, the firm’s fourth hire in London this year. Earlier this year, Orrick brought on Watson, Farley & Williams private equity partner Paul Doris, Bird & Bird corporate partner Ali Ramadan and international arbitration practitioner James Hargrove from Eversheds Sutherland.
The firm, which earlier this year confirmed the closure of a small office in Moscow, also saw 13 partners leaving its ranks during the first half of 2018, according to a database maintained by ALM Intelligence.