Milbank, Tweed, Hadley & McCloy has raided Latham & Watkins' New York office for a five-partner banking and leveraged finance team. The partners include the global co-chair of Latham's banking practice group, who has had a strong relationship with Goldman Sachs, according to a source. The departure from Latham represents a rare loss for the 2,000-lawyer firm, which is more often known for acquiring large groups, and represents a rare acquisition by Milbank of partners in the United States from another law firm.
Milbank Adds Five-Partner Group From Latham's Finance Practice
New York Law Journal
August 4, 2010