K&L Gates adds Sidley Austin partner trio to City finance practice

K&L Gates has completed the hire of a three-partner London team from Sidley Austin, in a major boost for the US firm’s City finance practice.

The arrival of Theresa Kradjian this month sees her reunited with Matthew Duncan and Paul Matthews, both of whom joined K&L earlier this summer. 

The trio worked together at Sidley and were hired as a team. Duncan was made up to partner at the US firm in 2004, while Kradjian and Matthews were promoted in 2007. 

London chief Tony Griffiths (pictured) cited particular expertise in the group which K&L Gates had been keen to add to its City finance capabilities, pointing to Kradjian’s transatlantic experience in capital markets and securities, Duncan’s knowledge of residential mortgage-backed securities, and Matthews’ work in derivatives.

Griffiths said: “The growth of our London commercial mortgage-backed securities structured finance capability has made a significant contribution to the office’s 18% revenue growth over the past two years.”

K&L Gates’ structured finance practice was one of the top performing sectors for the firm during 2011, and a main driver behind the London office’s 10% revenue growth to £33m. The firm also opened bases in Brussels, Doha and Sao Paulo, Brazil over the course of the year.