Linklaters has enhanced its United States clerical and examinations practice with the hire of Wilmer Cutler Pickering Hale and Dorr partner Doug Davison in Washington DC.
Prior to signing up with WilmerHale in 2001, Davison held different functions at the United States Securities and Exchange Commission (SEC), consisting of functioning as counsel to the SEC chairman and working as branch chief of the SEC’s department of enforcement.
Davison recommends customers on examinations and enforcement matters in relation to a series of United States companies consisting of the SEC, Department of Justice (DOJ), Financial Industry Regulatory Authority (FINRA) and the Commodity Futures Trading Commission (CFTC).
His hire becomes part of a collective push by the magic circle company to construct its clerical and examinations practice in the United States. In March, the company hired Matt Axelrod from the DOJ, where he was primary associate deputy attorney general of the United States.
In 2015 the company employed Adam Lurie from Cadwalader Wickersham & Taft to head its litigation and federal government examinations practice in Washington DC, along with Baker McKenzie’s worldwide head of clerical criminal activity Doug Tween, who signed up with the company’s New York workplace.
Conflict resolution head Michael Bennett stated: “Linklaters is preferably placed to deal with complicated cross-border examinations by the United States and global regulators because of our integrated network of workplaces and practices all over the world.
” Doug’s hire stresses our dedication and worldwide aspiration to more reinforce our SEC and regulative enforcement abilities. His experience will permit us to continue to provide premium complicated recommendations to our customers.”.
Lurie included: “I have actually understood Doug for several years, have actually seen him safeguard leading customers, and know first-hand that he will bring significant value to our customers both in the United States and around the world by assisting them to browse the progressively complicated and developing regulative environment.”.
Linklaters just recently selected business partner Tom Shropshire to direct its United States practice, following the retirement of Scott Bowie simply 2 years into a four-year management term.
Shropshire, a United States business expert, will divide his time in between London and New York while continuing to deal with customers. He has likewise taken Bowie’s seat on the magic circle company’s executive committee.
Linklaters just recently published strong monetary outcomes for 2016-17, with earnings per equity partner (PEP) up 7.8% to ₤ 1.568 m and a profit increased nearly 10% to ₤ 1.44 bn.