Goodwin Procter has hired King & Wood Mallesons (KWM) investment funds head Michael Halford, with other partners expected to follow his lead.
Halford was one of the four KWM heavy-hitters to resign last month, prompting the firm to halt its planned capital call. Today (22 November), the firm revealed its second rescue deal, which involved a bail-out from the Chinese verein, had failed.
KWM’s capital call was the brain child of Halford, who had been a member of KWM and legacy SJ Berwin since 1995.
A Goodwin Procter spokesperson confirmed the hire and added: “We can also confirm that we have extended offers to certain other London-based KWM partners.
“These offers are subject to a Goodwin partnership vote, which we expect will take place over the coming weeks.”
The move comes as KWM filed a High Court claim this year against its former partner Richard Lever and his new firm, Goodwin Procter.
The Lawyer understands the case relates to the US firm and Lever hiring a number of KWM lawyers in the UK and France. Goodwin Procter hired a six-partner private equity team from KWM’s Paris office in April.
Private equity partner Simon Fulbrook also left KWM for Goodwin Procter in July 2015.
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