{"id":159485,"date":"2026-08-04T15:34:14","date_gmt":"2026-08-04T23:34:14","guid":{"rendered":"https:\/\/xira.com\/p\/2026\/08\/04\/sidley-wastes-no-time-raiding-hogan-lovells-cadwalader-in-big-group-lateral-move\/"},"modified":"2026-08-04T15:34:14","modified_gmt":"2026-08-04T23:34:14","slug":"sidley-wastes-no-time-raiding-hogan-lovells-cadwalader-in-big-group-lateral-move","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2026\/08\/04\/sidley-wastes-no-time-raiding-hogan-lovells-cadwalader-in-big-group-lateral-move\/","title":{"rendered":"Sidley Wastes No Time Raiding Hogan Lovells Cadwalader In Big Group Lateral Move"},"content":{"rendered":"

Law firm mergers are supposed to create momentum. Sometimes they create recruiting opportunities for the competition instead. <\/p>\n

Barely a month after Hogan Lovells and Cadwalader officially combined, Sidley Austin has poached an 11-lawyer New York fund finance team from the newly merged firm.<\/p>\n

The group is led by partners Brian Foster and Patrick Calves, who are bringing their team to Sidley\u2019s global finance practice. It\u2019s the kind of lateral move firms dream about: an entire, fully functioning team that can plug in on day one instead of spending months trying to build a practice lawyer by lawyer. Bloomberg<\/a> has additional details on the group lateral move:<\/p>\n

\n

\u201cBoth of them are premier lawyers,\u201d said Yvette Ostolaza, chair of Sidley\u2019s management committee. Sidley has been steadily investing and growing its fund finance capabilities as it looks to service existing clients across its platform, she said. \u2026<\/p>\n

Foster and Calves are \u201cvery client-centric in their delivery of services, but also people that value making sure that that next generation of lawyers is stellar,\u201d Ostolaza said.<\/p>\n<\/blockquote>\n

When Hogan Lovells Cadwalader launched, firm leaders touted the combination as the beginning of an ambitious New York growth strategy. That\u2019s undoubtedly still the plan, but it\u2019s a little harder to grow when your competitors are helping themselves to your talent.<\/p>\n

Group moves like this have become one of the defining features of today\u2019s lateral market. Rather than convincing individual partners to jump ship, firms increasingly want fully functioning teams that can hit the ground running on day one. It\u2019s expensive, but so is waiting for competitors to build out those capabilities first.<\/p>\n

Sidley saw an opportunity and didn\u2019t waste any time taking it. Congratulations to the firm, and to the newest members of its global finance practice.<\/p>\n

Sidley Snags Funds Finance Team From Hogan Lovells Cadwalader (1)<\/a> [Bloomberg]<\/p>\n

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<\/figcaption><\/figure>\n

Staci Zaretsky<\/a> is the managing editor of Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to email<\/a> her with any tips, questions, comments, or critiques. You can follow her on Bluesky<\/a>, X\/Twitter<\/a>, and Threads<\/a>, or connect with her on LinkedIn<\/a>.<\/em><\/strong><\/p>\n

The post Sidley Wastes No Time Raiding Hogan Lovells Cadwalader In Big Group Lateral Move<\/a> appeared first on Above the Law<\/a>.<\/p>\n

Law firm mergers are supposed to create momentum. Sometimes they create recruiting opportunities for the competition instead. <\/p>\n

Barely a month after Hogan Lovells and Cadwalader officially combined, Sidley Austin has poached an 11-lawyer New York fund finance team from the newly merged firm.<\/p>\n

The group is led by partners Brian Foster and Patrick Calves, who are bringing their team to Sidley\u2019s global finance practice. It\u2019s the kind of lateral move firms dream about: an entire, fully functioning team that can plug in on day one instead of spending months trying to build a practice lawyer by lawyer. Bloomberg<\/a> has additional details on the group lateral move:<\/p>\n

\n

\u201cBoth of them are premier lawyers,\u201d said Yvette Ostolaza, chair of Sidley\u2019s management committee. Sidley has been steadily investing and growing its fund finance capabilities as it looks to service existing clients across its platform, she said. \u2026<\/p>\n

Foster and Calves are \u201cvery client-centric in their delivery of services, but also people that value making sure that that next generation of lawyers is stellar,\u201d Ostolaza said.<\/p>\n<\/blockquote>\n

When Hogan Lovells Cadwalader launched, firm leaders touted the combination as the beginning of an ambitious New York growth strategy. That\u2019s undoubtedly still the plan, but it\u2019s a little harder to grow when your competitors are helping themselves to your talent.<\/p>\n

Group moves like this have become one of the defining features of today\u2019s lateral market. Rather than convincing individual partners to jump ship, firms increasingly want fully functioning teams that can hit the ground running on day one. It\u2019s expensive, but so is waiting for competitors to build out those capabilities first.<\/p>\n

Sidley saw an opportunity and didn\u2019t waste any time taking it. Congratulations to the firm, and to the newest members of its global finance practice.<\/p>\n

Sidley Snags Funds Finance Team From Hogan Lovells Cadwalader (1)<\/a> [Bloomberg]<\/p>\n

\n
\"\"
<\/figcaption><\/figure>\n

Staci Zaretsky<\/a> is the managing editor of Above the Law, where she\u2019s worked since 2011. She\u2019d love to hear from you, so please feel free to email<\/a> her with any tips, questions, comments, or critiques. You can follow her on Bluesky<\/a>, X\/Twitter<\/a>, and Threads<\/a>, or connect with her on LinkedIn<\/a>.<\/em><\/strong><\/p>\n

The post Sidley Wastes No Time Raiding Hogan Lovells Cadwalader In Big Group Lateral Move<\/a> appeared first on Above the Law<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Law firm mergers are supposed to create momentum. Sometimes they create recruiting opportunities for the competition instead. Barely a month after Hogan Lovells and Cadwalader officially combined, Sidley Austin has poached an 11-lawyer New York fund finance team from the newly merged firm. The group is led by partners Brian Foster and Patrick Calves, who […]<\/p>\n","protected":false},"author":3,"featured_media":159486,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-159485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-above_the_law"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/xira.com\/p\/wp-content\/uploads\/2026\/08\/Staci-Zaretsky-ZkxIv6.jpg?fit=150%2C100&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/159485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/comments?post=159485"}],"version-history":[{"count":0,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/159485\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/159486"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=159485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=159485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=159485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}