Daily Market Pulse

Kirkland and Cravath each lose partners, and Latham pulls further ahead on IPOs

Kirkland & Ellis lost two partners: Dechert LLP took a private equity M&A partner in San Francisco, and Willkie Farr & Gallagher LLP took a fund formation partner in New York. Another partner is out at Cravath, Swaine & Moore LLP: veteran litigator Timothy Cameron is leaving for Simpson Thacher & Bartlett LLP in New York. Norton Rose Fulbright pulled two M&A partners from Greenberg Traurig, LLP in Dallas. Paul Hastings added an investment funds partner in Boston from Ropes & Gray LLP, King & Spalding brought in a business litigator in DC, and Winston Taylor added IP litigation partners in DC and Silicon Valley. Greenberg Traurig, LLP also added a litigation shareholder in Philadelphia.

On the deal side, Latham & Watkins is pulling further ahead as the top firm for IPOs, guiding nearly $67 billion of offerings in the first half, more than double its tally for all of last year, driven by a wave of energy IPOs tied to the power demand of AI data centers.

Sources

Drawn from public reporting by Bloomberg Law and Law.com.

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