The announcement that Gilles Thieffry has left Norton Rose to become Andersen Legal’s head of capital markets (effective from March 2001) has caught the attention of Financial lawyers. Thieffry’s decision to move is seen by many as a noteworthy leap of faith. Ever since the cancellation of its mooted merger with Wilde Sapte, Andersen Legal has toiled in the hinterland of the elite City of London Financial law firms. Nobody doubted its commitment to becoming a big player – but it lacked charismatic practice leaders, and, until recently, the dreaded “accountants” tag continued to dog its success with potential lateral hires.
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