A Richmond legal giant has found a fertile hunting ground within the ranks of one of its rivals.
McGuireWoods on Tuesday announced another round of attorneys coming over to the firm from Reed Smith, a large law firm with offices in many of the same markets, including Richmond.
William Goydan, John Lukanski and Kiran Somashekara join McGuireWoods as partners in its New York office. David Reidy left Reed Smith’s San Francisco office to join McGuireWoods’ recently established outpost there.
That makes six Reed Smith attorneys who have joined McGuireWoods in the last week as it looks to bolster its financial services practice around the country.
The foursome were preceded last week by the addition of Mary Hackett in Pittsburgh and David Powell in San Francisco, both of whom brought over big books of business from Reed Smith representing large banks like Bank of America.
Goydan, Lukanski and Somashekara represent clients in complex securities matters related to government investigations and enforcement by the likes of SEC and FINRA. Reidy’s practice advises financial technology companies.
“The addition of these outstanding new partners furthers our strategy to strengthen our ability to serve financial industry clients in New York and around the world,” Managing Partner Thomas Cabaniss said in a press release.
McGuireWoods spokesman Bob Lewis said the firm had no comment as to its recent success in luring over Reed Smith attorneys.
For its part, Reed Smith has been doing some poaching of its own in recent weeks, announcing new attorneys in its Houston and New York offices this month, as well as opening a new office in Tyson’s Corner. The firm has 19 attorneys in its Richmond office at Riverfront Plaza.
McGuireWoods now has 22 offices worldwide and more than 1,000 attorneys. Its gross revenue for 2015 was $653.6 million, according to AmLaw rankings. That’s up 5.4 percent from the previous year.
In Richmond, McGuireWoods has nearly 250 attorneys and is the largest law firm in the local market, according to a 2015 BizSense tally.