Clifford Chance, one of the leading global law firms, has made a strategic move to bolster its presence in the United States by hiring two experienced partners from O’Melveny & Myers LLP’s New York office. This action underscores the firm’s commitment to expanding its influence and capabilities in the competitive U.S. legal market.
The newly joined partners, David Schultz and Matthew Hinker, bring expertise in private equity and restructuring, respectively. Schultz has been recognized for his adept handling of deals and strategic advisory in the private equity sector, while Hinker specializes in navigating distress situations for their clients. This dynamic duo had previously collaborated closely at O’Melveny, providing comprehensive legal services tailored to the needs of private equity clients.
According to Bloomberg Law, Schultz expressed enthusiasm about joining Clifford Chance, stating, “I look forward to continuing to serve existing clients but also growing and helping Clifford Chance build out its US platform.” His move aligns with Clifford Chance’s strategy to further develop its service offerings in the U.S. and leverage its global network to support American clientele.
This development comes at a time when many international law firms are focusing on expanding their footprints in the U.S., recognizing the country’s critical role in the global legal landscape. Clifford Chance’s recruitment of seasoned professionals like Schultz and Hinker is a clear indication of its ambitions to gain a stronger foothold among the top players in the U.S. legal market.