In a strategic expansion of its structured finance team, Orrick has brought onboard partners David Quirolo and Jeremiah Wagner from Cadwalader, Wickersham & Taft LLP. The two legal professionals join Orrick’s London office, boosting the firm’s capacity in structured finance and related legal services. Learn more.
Both Quirolo and Wagner possess significant expertise in the structured finance market, particularly in handling complex transactions involving collateralized loan obligations (CLOs) and other asset-backed securities. Their decision to leave Cadwalader after years of service marks a notable shift in the competitive landscape of London’s legal market, emphasizing Orrick’s commitment to enhancing its capabilities in a sector that continues to see high demand.
Orrick’s recent maneuver aligns with broader trends in the legal industry as firms strive to bolster their financial services practices amid evolving client demands. According to Law.com, this recruitment is part of Orrick’s broader strategy to attract top talent and extend its influence across key financial hubs.
By integrating these new partners, Orrick aims to strengthen its foothold in the structured finance sector, potentially attracting a wider array of clients who seek robust legal frameworks for their investment activities. The firm is poised to better navigate the complexities of the European financial market, leveraging the experience brought by Quirolo and Wagner.
This development signals a continuing trend of talent mobility within top-tier law firms, as specialists in niche areas like structured finance become pivotal in advising on sophisticated financial instruments that require intricate legal structuring. Such strategic hiring decisions reflect the dynamic nature of legal services in global finance, underscoring the importance of adaptability and expert knowledge.