Cravath’s longtime private equity leader is leaving for Sidley Austin as the firm continues to stockpile deals lawyers.

David Perkins exits after two decades at Cravath, where he advised the likes of Brookfield Renewable Partners and American Securities. The move is a rare partner departure for the Wall Street law firm in a hot market for top-flight rainmakers.

Sidley poached Jones Day’s David Grubman in January, making him co-head of its M&A group, and has picked up partners from rivals Simpson Thacher & Bartlett and Weil Gosthal & Manges. The firm took the 17th position on Bloomberg Law’s leagues tables for the first quarter, eight spots behind Cravath. Read More

• Sen. Richard Blumenthal (D-Conn.) and Rep. Jamie Raskin (D-Md.) requested details from law firms and the White House about the legality and alleged coercive nature of their agreements. (The Washington Post)
• David Boies, chairman of Boies Schiller Flexner, may be forced to move the firm from its longtime headquarters. (The Journal News)
• In rural Texas, thousands of misdemeanor defendants are routinely denied the right to a lawyer, with some counties appointing counsel in fewer than one out of 10 cases. (The Dallas Morning News)

Read these and other legal industry stories in today’s Wake Up Call. Read More

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