As Southern California firms continue to compete for experienced dealmakers, Loeb & Loeb has nabbed corporate partner Marc Jones from Los Angeles rival Mitchell Silberberg & Knupp.

Jones, who served as the head of his prior firm's corporate department, has nearly 25 years of experience representing private equity firms, strategic buyers, sellers, targets and issuers across a range of industries.

“Loeb has areas of expertise in tax, intellectual property, and finance, that would be perfect assets for my clients, particularly in the M&A space,” said Jones. His first day at Loeb was Monday.

Jones represents a wide range of industries on complex business transactions, including strategic acquisitions, leveraged buyouts, venture and growth capital financings, corporate governance controversies, joint ventures, recapitalizations and restructurings, executive compensation and incentive equity matters.

Jones has been practicing in the Los Angeles area for nearly a quarter-century, since he first joined White & Case as an associate in 1995. He left to join McDermott Will & Emery a year later, then moved over to Goodwin Procter in 2008. In 2012, he made the jump to Mitchell Silberberg. 

“With the Silicon Beach evolution over the last five, 15 years, you see a lot more technology companies in place, you see a lot more private equity and venture capital firms that are moving into the area,” Jones said, noting that clients are now demanding higher expertise and efficiencies from the firms.

“I think the clients are becoming themselves a little more sophisticated in terms of how they consume legal services,” he added.

Echoing Jones, Arash Khalili, co-chair of the capital markets and corporate department at Loeb & Loeb, added, “What I have seen over the past few years is the consolidation among law firms, especially in the West LA area or Southern California, where you have more high-quality transactional lawyers being consolidated into a handful of firms. I think that consolidation is going to continue.”

Jones is the second partner to join Loeb & Loeb's Los Angeles corporate practice in recent weeks, following the addition of partner Eric Lee in April. Firmwide, Loeb & Loeb has 70 attorneys in its corporate department, and 30 of them are based in Los Angeles.

“As a co-chair of the group, I am very excited to have a very well-known, and respected partner to join our practice at Loeb & Loeb,”  Khalili added.

Mitchell Silberberg & Knupp did not respond to a request regarding Jones' departure.

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