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Allen & Overy (A&O) has beefed up its banking and finance practice in New York with the hire of O’Melveny & Myers finance partner Elizabeth Leckie.

Leckie becomes the 30th partner in the magic circle firm’s New York office, which has around 115 lawyers. She joins the firm’s 40-lawyer US banking practice and will focus on acquisition financing transactions.

At O’Melveny, Leckie recently advised Fresenius Medical Care on a $4.6bn (£2.4bn) acquisition of Renal Care Group.

The move comes as A&O moves to improve its finance capability in the US and follows the magic circle firm’s internal promotion of New York-based banking and finance lawyer Joseph Stefano to the firm’s partnership in May.

In April, the UK-based firm also announced the recruitment of two partners from the New York arm of San Francisco giant Orrick Herrington & Sutcliffe to bolster its New York structured finance practice.

Commenting on the move, A&O’s joint New York head Ian Shrank said: “We have not had a lateral hire in the banking practice for some time but this will not be the end of the lateral hires in New York.”

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