Restructuring Hiring Momentum Continues
A recent Bloomberg Law article by Roy Strom examines how David Nemecek’s move from Kirkland & Ellis to Simpson Thacher & Bartlett may further accelerate what many are describing as a restructuring hiring “super cycle.”
As firms expand liability management and capital solutions capabilities, senior partner mobility in restructuring has intensified. Since late 2024, multiple practice leaders have moved firms, reshaping teams across the market.
Jon Truster, New York-based partner at Macrae, comments in the piece:
“In over 25 years of legal recruiting, I’m hard-pressed to think of another time when we saw this amount of high-level movement in the restructuring practice. And it looks like it will continue.”
The article highlights how liability management transactions are increasingly linked to traditional Chapter 11 work, raising the strategic importance of building integrated restructuring platforms - and contributing to sustained competition for top talent.