Just two weeks after taking Ashurst’s global co-head of financial regulation, Latham & Watkins has returned to the struggling City firm to hire restructuring partner Simon Baskerville.
Latham’s hiring spree in London shows no signs of abetting, with Baskerville becoming the firm’s seventh City hire in 2016. He is the second high-profile partner this month to join Latham from Ashurst, which posted a 10% drop in revenue to £505m for 2015/16. The departure follows the US firm’s hire of financial regulation co-head Rob Moulton.