Lovells has bolstered its Italian capital markets practice with the addition of a two-partner team from Simmons & Simmons.

Corrado Fiscale and Federico Del Monte, who both specialise in structured finance and securitisation work, will join Lovells in Milan along with two associates and will co-head the firm's Italian capital markets practice.

Fiscale and Del Monte handed in their notice on Friday (10 July) after five years as partners with Simmons, which they joined in 2004 from magic circle firm Clifford Chance.

The additions will bolster Lovells' Italian practice to 21 partners across Rome and Milan, with around half in Milan.

Commenting on their arrival, Milan managing partner Marco Rota Candiani said: "Our standing as a leading international law firm is reflected by our ability to attract these highly rated lawyers. We are committed to strengthening the capital markets practice and I am sure that our Italian offices will be greatly enhanced by the addition of Corrado and Federico's specialist knowledge."

The two partners leave Simmons with 21 partners in Italy and a headcount of around 120 -roughly the same as Lovells.

Lovells expansion in Italy comes only months after the firm lost its local insolvency chief Silvio Tersilla, who joined Italian independent Gianni Origoni Grippo & Partners in Rome.

Earlier this month Hammonds moved a step closer to a merger in Italy, with local ally Rossotto preparing to bolster its ranks with two team hires, including one from Allen & Overy (A&O). The 75-lawyer Italian firm is set to bring in 20 lawyers by September, including two partners and a team of associates from A&O. Corporate partner Mario Colombatto and banking partner Giovanni Luppi quit the magic circle firm earlier this month (2 July) to join Rossotto.

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