Freshfields Bruckhaus Deringer high-yield partner Gil Strauss has resigned to join Weil Gotshal & Manges, marking the latest departure from the magic circle firm for a US rival.

Strauss, whose practice focuses on US corporate finance and securities, will join Weil in London in the New Year to help build out the firm's European high-yield practice.

The move comes just two years after Strauss joined Freshfields as a partner from Simpson Thacher & Bartlett, where he was of counsel, as part of a wider initiative by the magic circle firm to advise on the full spectrum of leveraged finance products.