The announcement follows a push by the magic circle firm to boost its regulatory enforcement and white-collar crime group in London to increase its capacity in the sector in Europe and the US, reports The Lawyer.
Rigging
Clifford Chance already has a long-standing relationship with Barclays. According to the Financial Times, CC - as well as New York's Sullivan & Cromwell - advised Barclays on its £290m settlement with US and UK authorities into allegations that it rigged Libor and other benchmark rates.
On the other hand, the departure is the latest in a string of exits at Norton Rose ahead of its June merger with US firm Fulbright & Jaworski. Charles Evans joined Milbank Tweed Hadley & McCloy, international arbitration head Joseph Tirado moved to Winston & Strawn and Steve Abraham jumped ship to Baker & McKenzie.
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