Continuing a lateral hiring tear, Davis Polk & Wardwell said Monday that it has added economic sanctions partner Paul Marquardt from Cleary Gottlieb Steen & Hamilton in Washington, D.C.

Marquardt is the fourth lateral partner addition this year at Davis Polk, which rarely made such hires in prior years. And it comes just days after Davis Polk, flexing its market strength, set a new scale for associate salaries.