DLA Piper hires Latham & Watkins trio to expand private credit practice – Intel, People
DLA Piper has hired three senior lawyers from Latham & Watkins to expand its capital solutions practice, as the law firm strengthens its private credit offering, according to a report by Bloomberg.
DLA Piper has recently bolstered its capital solutions practice by hiring three seasoned attorneys from Latham & Watkins, as reported by Bloomberg. The new additions to DLA Piper are Jesse Sheff, Seung-Ju Paik, and Preeta Paragash, who will all assume partnership roles within the firm. Sheff, who spent a significant 16 years at Latham & Watkins, has previously advised prominent asset managers such as Apollo Global Management and BlackRock.
He is set to spearhead the new group, per Bloomberg's information. Paik and Paragash, on the other hand, held counsel positions at Latham before their transition to DLA Piper. These hires are part of DLA Piper's concerted effort to broaden its presence in private markets, encompassing private credit, leveraged finance, and strategic capital transactions.
Bloomberg's data indicates that Latham & Watkins was the top legal advisor to lenders on US leveraged loans in 2025, when measured by both the number of deals and their value. DLA Piper established its capital solutions practice in March 2026, under the leadership of Ranesh Ramanathan, who previously headed Akin Gump Strauss Hauer & Feld's special situations and private credit business.
The firm also brought on board Alex Cushman and Daniel Wayte from Akin in the wake of this launch. According to the report, DLA Piper anticipates recruiting several more teams for its private credit and capital solutions business before the end of 2026.
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