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Clayton Utz hires former Allens head as it rebuilds diminished practices

Clayton Utz hires former Allens head as it rebuilds diminished practices

Clayton Utz has hired the head of Allens Arthur Robinson's securitisation team in a bid to rebuild its diminished banking and finance team.

CLAYTON Utz has hired the head of Allens Arthur Robinson’s securitisation team in a bid to rebuild its diminished banking and finance team.

The move is an effort to boost Clayton Utz’s practice after Allen & Overy moved into the Australian market in February and hired 14 Clayton Utz partners.

The hire of Andrew Jinks as partner affirms Clayton Utz’s commitment to the banking sector, the firm said today.

Jinks specialises in international and domestic securitisation and capital markets transactions and has advised many of Australia's leading financial institutions on their securitisation programs.

Australia's securitisation market shows signs of a resurgence, Clayton Utz said today, as credit markets stabilise and economic confidence returns to pre-GFC levels.

Clayton Utz chief executive partner, David Fagan, said the firm is excited to scoop Jinks into the practice.

"As a firm, we have been very focused over the last few months on strategically reviewing our practice strengths and resourcing needs to ensure that our legal services offering reflects our clients' needs,” he said.

Jinks was previously one of the main advisers to Westpac on its securitisation program.


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