Paul Weiss has bolstered its corporate transactions offering in New York with the hire of another M&A partner from Cleary Gottlieb Steen & Hamilton. 

Nickolas Bogdanovich has joined the firm’s corporate department led by star dealmaker Scott Barshay after 10 years at Cleary, where he made partner in January. 

His move comes just a few months after another top deals lawyer, Jim Langston, left Cleary to join Paul Weiss in New York. 

“Nick is a superstar young M&A partner who has worked closely with us and with our clients for years,” Barshay said. Paul Weiss’ chairman, Brad Karp, added that Bogdanovich’s hire “will enhance our ability to provide our public company and private equity clients with market-leading advice on their most business-critical transactions”.

Alongside M&A work, Bogdanovich advises on private equity investments, corporate governance and cross-border transactions. His recent deals work includes advising Google on its acquisitions of Raxium and Fitbit, OpenText on its divestiture of its application modernisation and connectivity business and TPG on its sale of Astound Broadband.

A spokesperson for Cleary commented: “We wish Nick well and are grateful for his contributions.”

Bogdanovich’s hire follows Karp confirming to American Lawyer in March that Paul Weiss was making changes to its compensation system to attract and retain talent in a highly competitive laterals market, including introducing a non-equity tier to its partnership. The firm has also adopted a “black box” compensation system for partners that obscures pay to reduce tensions within the partnership.

Alongside Langston and Bogdanovich, the firm also boosted its M&A ranks in New York in May when it hired Willkie Farr partner Maria-Leticia Ossa Daza to lead its newly-formed Latin America practice. 

Meantime in London, where the firm has recruited more than 20 partners since last summer to build a top-tier practice around private equity, it hired TDR Capital general counsel David Holdsworth earlier this month. Holdsworth was a partner at Kirkland & Ellis before joining TDR early last year and the move will reunite him with a number of his former colleagues at Kirkland, including Paul Weiss’ London co-heads Neel Sachdev and Roger Johnson.