Texas firm Baker Botts has continued its London expansion, hiring two partners in the city from other large law firms.
Richard Brown, an international equity capital markets lawyer who departed Latham & Watkins, and Nick Collins, a global project development and finance lawyer from Jones Day, joined Baker Botts as partners on Monday.
Andrew Baker, managing partner of Houston-based Baker Botts, said the firm’s clients will greatly benefit from the addition of Brown and Collins. He said Brown fits the firm’s strategy of building its corporate practice in London and New York, and Collins boosts the firm’s project finance team that supports its project development, LNG and M&A practices.
“They each bring a high level of expertise and unique insights to their respective practices, which will ultimately provide significant value to the firm’s clients,” Baker wrote in a statement.
Mark Rowley, partner-in-charge of the London office, wrote in the statement that the lateral hires provide an “extremely positive start” to 2019 as the firm looks to continue to grow in London. In a November interview with Legal Week, Law.com’s London-based affiliate, Rowley said the firm is looking to recruit in several areas, including construction disputes and technology.
Baker Botts, which has 40 lawyers in London, isn’t the only Texas firm beefing up its presence there, in energy-related practices and others. Haynes and Boone, Akin Gump Strauss Hauer & Feld, Locke Lord, and Vinson & Elkins have all done so.
Brown said he is excited about the opportunity to join Baker Botts at a time when the firm is growing in London. He said the firm approaches the capital markets practice differently from many other firms: it focuses not only on its historic strength in energy and natural resources, but also on emerging businesses, technology and life sciences.
He advises issuers and underwriters on equity capital market transactions and works on public and private M&A transactions. While at Latham, Brown was head of the firm’s U.K. equity capital markets in London.
Collins also pointed to Baker Botts’ strategy of growing in London as a reason for his move. He said his project development and finance practice is a good fit for the firm, because Baker Botts has such strong energy and oil and gas practices.
Collins previously worked with some of his new Baker Botts colleagues, including Euan Pinkerton, formerly of Herbert Smith Freehills, who joined as a global projects partner in Riyadh, Saudi Arabia, in October 2018. And from his work in the Middle East, Collins said he also knows energy partner Lewis Jones, who joined Baker Botts in March 2018 from Morgan, Lewis & Bockius.
Other recent Baker Botts hires include David Ramm, a corporate and technology partner who joined in London in September 2018 from Morgan Lewis, and antitrust partner Matthew Levitt, who joined in Brussels in November 2018, coming from Hogan Lovells.
Collins works on large energy, natural resources and telecommunications projects around the world, with experience in project development and finance, debt capital markets and banking and finance in Africa, the Middle East, the Russian Federation and Asia. Before joining Jones Day, Collins was a partner at White & Case and Latham.