DLA Piper has hired a finance partner in New York from Mayer Brown. Peter V. Darrow, the co-head of Mayer Brown’s Latin American practice, will join DLA as a partner. Roger Meltzer, chair of DLA’s corporate and finance practice, said Mr. Darrow has a “significant client list” and will help strengthen its expertise on finance in Latin America. DLA last month announced an alliance with Campos Mello Advogados in Brazil, a hot area of finance activity. Mr. Darrow’s hire is “very much a fit in accordance with our strategic vision,” Mr. Meltzer said.
Mr. Darrow is the second New York finance partner to depart Mayer Brown in recent days, with Proskauer Rose hiring Ron D. Franklin last week. Despite the departures, the firm continues to look to expand its banking and finance practice, said David Duffee, the practice’s head in New York. Mr. Duffee in a statement pointed to recent hires of project finance partner George K. Miller from Simpson Thacher & Bartlett and capital markets partner Joshua Cohn from Allen & Overy as “examples of this plan for strategic growth.” Mayer Brown last week laid off 75 people, including 28 associates and counsel, citing a decline in demand for services. — Nate Raymond
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