Baker McKenzie Hires Leveraged Finance Leader from Kirkland

Baker McKenzie has hired Andrew Sagor, a former Kirkland & Ellis partner, to co-lead the firm’s leveraged finance practice in New York.

Sagor is a former State Department official who has also worked at Milbank and Paul Weiss. He’s at least the third leveraged finance lawyer the firm has hired this year after it brought on Rob Mathews and David Becker from White & Case in London in January.

Leveraged finance has been an increasingly active practice for Big Law firms as the asset class has grown to more than $1 trillion in outstanding loans—more than doubling in value since ...