Edward De Sear, formerly chairman of Orrick, Herrington & Sutcliffe’s structured finance group, joined McKee Nelson’s New York office yesterday (May 19), according officials at McKee. Though De Sear’s background in securitization is vast and includes vanilla assets such as credit cards, he also brings to McKee an expertise in esoteric assets, like structured settlements.
“For us to be so fortunate to get someone of Ed’s stature is quite magnificent,” said Reed Auerbach, New York managing partner at McKee.
De Sear’s hire is the latest of several high profile acquisitions for the law firm, the largest of which took place almost a year ago when McKee launched its New York headquarters, poaching a few seniors from Strook & Strook & Lavan, including Auerbach. McKee was founded in 1999 as an independent law practice allied with accounting power house Ernst & Young.