Business & Leadership

Sidley Austin Starts 2019 With Corporate & Finance Hires

The firm's New York practice has just hired from Clifford Chance and Davis Polk & Wardwell

The firm's New York practice has just hired from Clifford Chance and Davis Polk & Wardwell


2019 has already been a happy year for Sidley Austin’s New York corporate and finance practice, which has welcomed a partner apiece from Clifford Chance and Davis Polk & Wardwell.

 

Steven Kolyer, noted for his experience in collateralised loan obligations (CLOs), particularly in commercial real estate, has joined the firm’s global finance department, while M&A and private equity expert John Butler is bolstering the firm’s corporate practice.

 

Butler also counts financial advisory work as a key strength of his. ‘It is a great way to stay in the flow and stay close to the bankers and what’s happening in the market,’ he explains. ‘It gives an interesting perspective on deal flow.’

 

Meanwhile, former Clifford Chance partner Kolyer’s experience will help strengthen the bridge between the firm’s lending and securitisation practices.

 

Sidley Austin has been making numerous notable hires in the last few months: Adam Weinstein and Tony Feuerstein joined the New York office’s private equity practice from Akin Gump Strauss Hauer & Feld in October, while corporate heavyweight Kenneth Baronsky arrived in Century City from Milbank, Tweed, Hadley & McCloy the following month.

 

The world’s eight-highest grossing law firm in 2018, Sidley Austin appears to be consistently making plays in profitable areas. Nonetheless, it remains 30th in the world when it comes to profits per partner (a metric by which all the other firms mentioned in this article, with the exception of Clifford Chance, surpass it). It will be interesting to see its hiring pattern in 2019, and whether it will complement its corporate expansion with similar hires in employment and restructuring, to weather a potential macroeconomic downturn.

Read the full Special Report: USA: Global Powerhouse

It is the best of times, it is the worst of times. In a world where the only thing that doesn't change is change itself, opportunities and risks are too obvious to ignore, and the legal market is no exception. As a nearly $300 billion industry and one of the most profitable in the world, the U.S. legal industry is under fundamental transformation. Whether in-house counsel or law firms, only those with far-ranging sights, clear thoughts and quick action can survive and thrive.
Summary Goldman Sachs makes controversial defensive hire Exclusive 2018 US M&A Rankings Disney Extends Its Empire IBM's $34bn acquisition of Red Hat: Our take HFW Hires New Energy Partner in Houston Baker McKenzie Welcome 5 New Partners and Open in Los Angeles Cravath Names Three Female Partners Arnold & Porter Set to Merge With Kaye Scholer Jeff Sessions Appointed by Trump as Attorney General Munger Tolles & Olson Office to be Opened in Washington D.C. by Former US Solicitor General, Donald B. Verrilli

interview

Accenture's CEO and CFO interview by Leaders League Group

About us

Download