Paul Weiss hires Kirkland & Ellis partner as PE poaching continues

Paul Weiss has hired another Kirkland & Ellis partner in London as part of an ongoing raid on the world’s highest-grossing law firm.

Debt finance partner Stefan Arnold-Soulby resigned from Kirkland on 14 September to join the rival US law firm, according to people familiar with the situation.

Kirkland finance specialist Neel Sachdev led a team of 10 partners in the UK and US to Paul Weiss last month.

READ Paul Weiss raids Kirkland & Ellis and Linklaters in London

Paul Weiss also picked up M&A specialist Roger Johnson, who Kirkland kicked out earlier this month after discovering he was in talks about a move away from the firm, as well as Linklaters M&A partner Will Aitken-Davies.

Sachdev and Johnson were two of Kirkland’s most successful partners in London, acting for some of the world’s largest private equity firms.

The mass exit from Kirkland to Paul Weiss marks one of the largest team moves in recent history in the legal sector.

READ How Kirkland & Ellis’s London civil war burst into the open

“These are the premier private equity teams in their respective markets, covering finance, M&A and tax, and we are thrilled that they have chosen Paul Weiss as their new professional home,” said Paul Weiss chair Brad Karp in a statement on 11 September.

Kirkland and Paul Weiss were contacted for comment about Arnold-Soulby’s move, which was first reported by legal website The Lawyer.

From Financial News

https://www.penews.com/articles/paul-weiss-hires-kirkland-ellis-partner-as-pe-poaching-continues-20230915

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