By Casey Sullivan
Feb 22 (Reuters) - In an effort to strengthen its foothold
in the United States, the British law firm Allen & Overy has
elevated the head of its capital markets group in London to
become U.S. managing partner, a firm spokesman said on Friday.
David Krischer assumed the position late last week and will
begin immediately splitting his time between London, New York
and Washington, the spokesman said.
Krischer is expected to hold the position at the Magic
Circle firm for a four-year term.
He replaces Kevin O'Shea, who becomes U.S. senior partner, a
new position that focuses more on the practice of law than
Krischer will focus on the firm's recruiting efforts and on
generally managing partners.
Allen & Overy, which has 2,700 lawyers in 42 offices
worldwide, first opened its doors in the United States more than
25 years ago with a New York outpost, and added a Washington
office in 2011.
The firm focuses on a range of practices, including
corporate, litigation, energy and regulatory. It has both hired
and lost lawyers in New York recently.
"Partners come and go all the time as a part of the normal
course of business," the spokesman said of the turnover.
(Corrects an earlier version which misstated the reason for
the leadership change.)
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