Ashurst responds to Paris team exits with PwC tax hire

Ashurst has added a new partner to its Paris base in the wake of a slew of recent departures in the French capital, with the hire of PwC tax specialist Emmanuelle Pontnau-Faure.

Pontnau-Faure has been a director at PwC since last year, before which she spent 14 years at White & Case, most recently as of counsel.

She advises on a broad range of tax issues relating to corporate, finance, real estate, litigation and restructuring matters.

Ashurst Paris managing partner Philippe None said: “Emmanuelle will work with both the practices in Paris and play a key role and work very closely with the tax team in EMEA and US. We are confident she will make a significant contribution to the firm.”

The firm’s Paris office has been hit by two major team exits this year.

In February, a five-partner private equity team left to join Freshfields Bruckhaus Deringer‘s office in the French capital.

The firm then made two additions to its Paris partnership, with employment lawyer Nataline Fleury promoted in this year’s partnership round alongside the hire of Linklaters leveraged finance specialist Pierre Roux last month.

However, last week (8 June) the office was dealt another blow with a team of five lawyers leaving to join Gibson Dunn to launch litigation and finance practices for the US firm.

That team includes dispute resolution partners Eric Bouffard, Pierre-Emmanuel Fender and Jean-Pierre Farges, M&A and private equity partner Bertrand Delaunay, and restructuring counsel Amanda Bevan, all of who are joining Gibson Dunn as partners.

The loss of both teams will leave Ashurst with around 10 partners in Paris, according to its website.

Speaking to Legal Week, Ashurst global managing partner Paul Jenkins said the office was going through a “rebuild process”.

He added: “It’s a strong office and office managing partner Philippe None is doing an exceptional job getting out into the market and assisting with the rebuild process. The message he is giving is: let’s get on with it and make sure we have the right people in place.”