Jones Day London Private Equity Partner Decamps to US Rival
The exit is the London office's third departure so far this year.
March 11, 2020 at 11:04 AM
2 minute read
Ben Shribman
Jones Day has lost its third London partner to a competitor so far this year, this time to U.S. rival Cooley.
Private equity partner Ben Shribman is set to join Cooley after more than five years at Jones Day, according to two people with knowledge of the situation.
He joined Jones Day in 2014 as an associate from Allen & Overy, and made partner in 2017. In 2018, he was ranked as one of Legal Week's up-and-coming private equity lawyers in the London market.
His exit from Jones Day follows on from two further departures in January, including restructuring partner Justin Conway who joined McCarthy Denning and private equity partner Raymond McKeeve, who has since joined aviation-focused investment firm Cingo Global.
McKeeve has been the subject of a contempt of court case brought last year by online supermarket delivery service Ocado, with court documents suggesting that McKeeve had self-referred to the Solictors Regulation Authority for his actions.
Last month, Cooley hired another partner to its London office – Latham & Watkins capital markets partner David Boles. Boles joined the firm nearly a year after Cooley brought on board his former colleague Claire Keast-Butler.
In its most recent global results, Cooley posted an 8.4% uptick in turnover for 2019 to bring in $1.3 billion. The firm's profits, meanwhile, grew by 7.9% to $577.7 million.
With reporting by Simon Lock.
READ MORE:
Another Jones Day Partner Leaves For Competitor Firm
Cooley Picks Up Another London Latham Capital Markets Partner
Cooley launches first European office amid Brexit uncertainty
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