In a surprising development, Luke McDougall, who served as the global co-head of Paul Hastings’ finance practice, has made a move to join Davis Polk & Wardwell in London, according to the New York firm’s recent announcement. This notable transition presents a change in trends, considering Paul Hastings’ past record of being largely the beneficiary of high-profile lateral hires. More details here.
Responding to McDougall’s exit, Paul Hastings issued a statement expressing their confidence in both, the capability of their London office and the overall firm. They grounded their positivity in the recent surge of work the firm has experienced in 2024.