It’s not the massacre, but almost …
Several senior business law partners from McMillan’s Montreal office are about to leave the firm, including the current managing partner, has learned from Droit-inc.
According to our information, My Charles Chevrette, Michel Ranger and Kosta Kostic are expected in the coming weeks at competing offices.
The partner Michael J. Hanlon, an insolvency specialist, would also be leaving, having decided to retire.
Charles Chevrette has already signed an agreement with the McCarthy Tétrault office in Montreal.
His colleague, the partner Michel Ranger, would also join him at McCarthy.
For now, the two lawyers are still with McMillan, being bound by contract for a period of notice and transition. No date of their arrival at McCarthy has yet been scheduled.
Those are two big catches for McCarthy.
Me Chevrette has been the Managing Partner of McMillan’s Montreal office for many years. He is also the National Co-Chair, Private Equity and the Co-Chair, Technologies. He is recognized as one of the firm’s rainmakers, with very large clients, including the investment fund Novacap for which he has carried out several transactions.
Michel Ranger is a tax lawyer – a rare commodity – who practices in the McMillan office in Montreal. He advises his clients on a variety of Canadian and international tax matters.
McCarthy, it should be remembered, lost a few big tax professionals a few years ago to Fasken.
Speaking of Fasken, this is precisely where Kosta Kostic is expected at the end of January.
At McMillan, Me Kostic is a partner and a member of McMillan’s National Capital Markets and Mergers & Acquisitions group. His practice is primarily focused on corporate finance, securities law and mergers and acquisitions.
The departure of these big guns does not seem to shake the partner too much Eric Vallières, by McMillan.
“It is relatively normal that there are lateral movements between the firms”, explains Me Vallières, adding that the office hired six lawyers in the last year and that the firm has experienced its best financial in its history.
However, it is never easy for a firm to see partners with clients leave, more difficult to replace than simple members. Does this mean that it is the end of business law at McMillan in Montreal?
Not at all, says Eric Vallières. “Business law remains an important niche for us. Moreover, we are currently recruiting. You can tell your readers! ”