Corrs hires Clayton Utz private equity expert
Corrs Chambers Westgarth has hired private equity expert Philip Kapp as a senior partner in its private equity practice. He moves across from Clayton Utz.
Kapp was previously a partner and head of private equity at Clayton Utz. He has also established and led the national private equity practice of another top-tier law firm and was the founding and Managing Partner of a leading corporate law firm.
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
Roll on Friday reports Kapp slammed the global business model being followed by many Australian law firms. He said “it doesn’t work”.
He said: "Trust me... it's really attractive for leading US and UK firms to have independent counsel in Australia that don't compete with them in Hong Kong".
He added: “Frankly, the global law firm just [doesn't] work... I spent six or seven years travelling around the world trying to create a global law firm and I know [they]'re flawed".
Corrs said Kapp has been involved in almost every major private equity transaction in the country since 2000. He has experience advising Australia's largest public companies on M&A, corporate restructurings, joint ventures and capital raisings.
He joins Corrs this week as senior member of the private equity team based in Sydney.