Latham & Watkins and Sidley Austin both announced lateral hires from other Am Law 50 firms in northern California on Monday, in an effort to shore up their transactional practices despite impending pressures on the greater economy.

Simpson Thacher & Bartlett senior counsel Erin Murphy has joined Latham & Watkins as a partner in Menlo Park in the firm’s benefits, compensation and employment practice, which is part of the firm’s tax department. And on April 27, Davis Polk & Wardwell partner Rachel Kleinberg is set to join Sidley Austin’s Palo Alto office as a partner in the global tax group.

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