Legal Business’ Law firm of the Year Mishcon de Reya has made a significant move to develop its corporate practice, today (15 January) hiring Addleshaw Goddard partner Tim Field as head of equity capital markets.
Field has advised a range of clients including investment banks, financial advisers, brokers, stock exchanges, regulators for over 20 years on matters such as initial public offerings (IPO), takeovers and securities law.
Field was head of Addleshaw Goddard’s own equity capital markets practice, and has recent experience of advising on the IPO of payment technology company SafeCharge.
Before Addleshaw Goddard, Field had acted as head of the Middle East offices of Simmons & Simmons between 2009 and 2012.
Nick Davis, Mishcon’s head of corporate, told Legal Business: ’Tim is a great fit in terms of someone who has built practices and is able to lead our equity capital markets offering. He’s exactly what we’ve been looking for.’
Davis said that the firm had not previously operated with a dedicated head of equity capital markets, and insisted that Field’s appointment ‘will take this practice forward.’
On the corporate practice in general, Davis commented: ‘Corporate has been sustained and built organically, it’s unrecognisable from five years ago. We are getting some fantastic associate CVs, which is the best test for me.’
The appointment of Field indicates another strong year of expansion for Mishcon, building out a corporate practice that largely plays second fiddle to its renowned contentious offering.
The firm’s last major hire came in November last year, when disputes stalwart Ben Giaretta arrived from Ashurst. Giaretta, who focuses on commercial arbitration, had been with Ashurst since 1999.
Mishcon will be hoping to build again on 2017’s impressive financial performance, when the firm recorded a 17% growth in turnover to £149.4m.