What's Happening?
Latham & Watkins LLP has announced the acquisition of Ryan Dahl, the chair of Ropes & Gray LLP’s business restructuring practice group, along with two other partners, Natasha S. Hwangpo and Benjamin M.
Rhode. Dahl, who joined Ropes & Gray in 2020, has a background with Weil Gotshal & Manges LLP and Kirkland & Ellis LLP. This strategic move is part of Latham's efforts to bolster its restructuring capabilities, particularly in its Chicago and New York offices.
Why It's Important?
The recruitment of high-profile partners like Ryan Dahl and his team is significant for Latham & Watkins as it strengthens its position in the competitive field of business restructuring. This move could enhance the firm's ability to attract high-stakes restructuring cases, potentially increasing its market share and influence in the legal industry. For Ropes & Gray, the departure of key figures could impact its restructuring practice, prompting potential shifts in client relationships and strategic focus.
