Linklaters has appointed new co-managing partners for its US practice, as incumbents Larry Byrne and Nick Rees step down.

Conrado Tenaglia and Jeff Norton have been appointed as of 1 May for a four-year term. Norton, who will continue in his role as US banking co-head alongside his new responsibilities, has been at Linklaters since 2005 when he joined from US outfit O'Melveny & Myers.

Meanwhile, Tenaglia relocated to the New York office earlier this year from his role as co-managing partner for Linklaters in Spain. He was previously based in the firm's US office from 2001 to 2003 before moving to Madrid.

Linklaters' Americas managing partner John Turnbull said: "Jeff has distinguished himself as a proven leader within a complex practice area and an integral part of the New York office, and Conrado's global management expertise and strategic vision will be an ideal fit for the region."

Rees relocated from London to the US in 2007 having previously headed up both Linklaters' Asian corporate practice and the firm's Moscow office. He will move back to the UK in the coming months.

The news comes after the departure of Linklaters' New York corporate finance partner Ray Fisher to Ashurst. Fisher is joining Ashurst alongside former Linklaters partner Jennifer Schneck.

Linklaters has around 150 lawyers in its New York office and more than 80 US-qualified lawyers across eight further jurisdictions.