Davis Polk snags M&A leader from Ropes & Gray in Northern Calif.

The logo of the law firm Davis Polk & Wardwell is seen in their legal offices in New York City, New York, U.S., June 2, 2021. REUTERS/Andrew Kelly
  • Davis Polk is bringing on corporate partner Paul Scrivano
  • Scrivano will work from Northern California and New York

(Reuters) - Davis Polk & Wardwell has hired Paul Scrivano, the global head of mergers and acquisitions at Ropes & Gray, the firm said Tuesday.

The Wall Street law firm's hire of Scrivano as a corporate partner in Northern California comes as firms battle for talent to advise clients in a booming deal market that broke records in 2021.

"Northern California is a key region for important growth sectors of the global economy, and thus a key market for M&A," Neil Barr, managing partner of Davis Polk, said in a statement.

Barr said the hire of Scrivano, who will also work out of New York, will help the firm "solidify its position" in Northern California.

Davis Polk came in No. 4 in the rankings of top M&A law firm advisors by volume in 2021, according to Refinitiv data.

The 1,000-lawyer firm has 10 offices globally, with about 50 lawyers listed on its website as being associated with the California office.

While at Ropes & Gray, Scrivano advised special-purpose acquisition company Altimeter Growth Corp in its $40 billion merger with Grab Holdings Inc, Southeast Asia's biggest ride hailing-to-food delivery group.

He also has advised cybersecurity software maker McAfee Corp in its $14 billion acquisition by an investor group, a deal slated to close in the first half of 2022.

A Ropes & Gray spokesperson said the firm wishes Scrivano well.

Scrivano previously served as head of global M&A and private equity practice at O'Melveny & Myers, according to his LinkedIn profile. He also practiced at large U.S. law firms McDermott Will & Emery and Cravath, Swaine & Moore.

Read more:

Large law firms rode high on record year for M&A dollars

Our Standards: The Thomson Reuters Trust Principles.

Thomson Reuters

Sara Merken reports on privacy and data security, as well as the business of law, including legal innovation and key players in the legal services industry. Reach her at sara.merken@thomsonreuters.com