09:13, July 24 545 0

2017-07-24 09:13:12
Freshfields enters IP market in the US with Paul Weiss hire

Freshfields Bruckhaus Deringer has hired a lawyer from Paul Weiss Wharton Rifkind & Garrison as its first intellectual property partner in New York.

Menachem Kaplan, who was a counsel at his former firm, will lead Freshfields’ IP practice in the US.

The move comes after London IP partner Justin Watts left the firm last month for US firm WilmerHale, alongside senior associate Matthew Shade.

Watts was a longstanding member of Freshfields’ partnership, joining the firm from Bristows in 2003.

New hire Kaplan was a member of Paul Weiss’ IP transactions team, advising on matters relating to mergers and acquisitions, and securitisations.

Paul Weiss has a comparatively small team dedicated to this work, led by partners Charles Googe and Claudine Meredith-Goujon in New York.

Freshfields’ largest hire in New York so far this year has been a three-partner bankruptcy team from newly-merged firm Arnold & Porter Kaye Scholer.

The group, made up of partners Mark Liscio, Madlyn Primoff and Scott Talmadge, joined the magic circle firm’s restructuring team in April.

However, it also lost US securities litigation head Marshall Fishman to Goodwin Procter’s New York office. Freshfields had launched its US litigation practice in 2009, hiring Fishman a year later from Kramer Levin Naftalis & Frankel.

Freshfields’ entry into the IP market in the US follows A&O’s plans to also build up its practice in New York.

Unlike Freshfields, A&O is keen to focus on IP litigation following the firm’s numerous hires in London from Simmons & Simmons. A&O also relocated litigation head Tim House to New York, appointing him as the firm’s US senior partner.