Legal Business

‘More flexible models’: Simmons launches contract lawyer service with Adaptive

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Simmons & Simmons has become the latest firm to jump on the innovation bandwagon with the launch of a high-end contract lawyer service for its major clients.

The new model ‘Simmons & Simmons Adaptive’ will target lawyers of all levels from junior associate to partner level, with a particularly focus on mid-level associates, as the firm says it is being pretty ‘open minded’ in terms of the model’s structure.

Simmons & Simmons managing partner Jeremy Hoyland told Legal Business the initiative is slightly different from other models in the market as it focuses more on the firm’s largest clients, will target more senior talent, and fulfil secondment requests.

‘We cannot always say yes to secondment requests when we would like to, but this will give us greater flexibility when providing secondees, especially when the firm is under-resourced on a very large deal,’ Hoyland said.

The flexible legal resource will open to the firm’s UK clients initially, with financial institutions being a large part of the target client base. Hoyland confirmed the model was not brought in to attract further clients.

While the firm said the model has drawn an immediate reaction with alumni ‘keen’ to join, the firm did not provide a target team number or confirm how many have joined so far.

When asked why Simmons chose launch the model now, Hoyland said: ‘There are an increasing number of large projects while transactional activity has also picked up, so resources are constrained, and we are looking at other ways of offering services. Law firms traditionally have a conservative approach to hiring and over the last six or seven years this model has been put under stress. Firms are moving to more flexible models and we see this as part of the law firm industry growing.’ 

Jonathan Hammond, partner and head of Simmons’ financial institutions sector group, added: ‘For some time, we have been considering more ways we can use flexible resourcing to meet business demands. Simmons & Simmons Adaptive will provide another valuable resource option for our clients and their businesses.’

The venture echoes other alternative models of providing legal services such as Allen & Overy’s launch of ‘Peerpoint’ in November 2013, Berwin Leighton Paisner’s successful Lawyers on Demand division, which launched in 2007, and the US business Axiom, which provides services through experienced contract lawyers.

jaishree.kalia@legalease.co.uk

Legal Business

Life During Law: Jeremy Hoyland

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I always wanted to be an architect. Unfortunately I’m very messy and that’s a bad combination. Building useful things, such as bridges and roads, would be a great job.

My father was a history teacher and my favourite subject was history, but I knew I was never going to be a history teacher as I could see what it was like for him. I did law to keep my options open and was offered a job by Simmons, which felt like a phenomenally well-paid job. It wasn’t my life plan.

Legal Business

Asia: Simmons & Simmons launches Beijing IP agency as Bakers hires from Magic Circle firms in HK push

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Simmons & Simmons has created a specialist trade mark practice in China, hiring George Chan as a partner from Asia Pacific IP agency Rouse to head the new agency.

The unit will allow Simmons & Simmons to represent clients directly before the Chinese trade mark authorities, with the country increasingly placing itself alongside the US and the EU as a third vital cog in global IP registration. With international firms restricted from practicing Chinese law, Simmons & Simmons has established a separate legal entity permitted to provide a range of intellectual property related services by Chinese regulators. 

Chan joins to spearhead the launch in Beijing after five years at Rouse, which has ten offices across Asia Pacific and counts electronics group Sony, drinks manufacturer Diageo and car maker BMW among its client base. Chan works with pharmaceuticals on the formulation, implementation and management of IP portfolios in China and the Asia-Pacific region, specialising in the regulatory approval requirements for drugs, trade secrets protection, trade mark and patent prosecution and IP agreements, an increasingly common tool for ending protracted disputes that run up expensive legal bills. Chan was formerly a partner at Chinese IP boutique Kangxin Partners and sits on the International Trademark Association’s Asia Pacific/Canada subcommittee. 

Simmons & Simmons expects to have six lawyers at the office by the end of November and Davis Wang, the firm’s head of China, said that the country ‘is central to the firm’s growth strategy and this new specialist agency, along with George’s arrival, is part of our commitment to build upon and develop our strengths in trademarks and brands in the region.’

Baker & McKenzie has also made a push in the region, taking two senior managers from Magic Circle firms Linklaters and Clifford Chance. The firm’s Hong Kong office has been bolstered by the arrival of Stephen Crosswell, who headed Clifford Chance’s Hong Kong competition group, and Rowan McKenzie, who served as head of Linklaters’ employment and incentives practice in Asia. Both will join as partners.

Crosswell, who moved to Clifford Chance in 2011 after a five-year stint at Herbert Smith Freehills, advised Hong Kong’s biggest telephone operator PCCW on one of Hong Kong’s biggest disputes in 2013, having secured a judicial review following Apple’s barring of 4G access to iPhone users in Hong Kong.

Samantha Mobley, head of Baker & McKenzie’s 300-lawyer global competition group, said: ‘We are seeing huge demand for deep antitrust expertise in Hong Kong and China from the firm’s multinational clients and so the addition of an antitrust partner of Stephen’s calibre is an extremely welcome development.’ 

Tom.moore@legalease.co.uk

Legal Business

Simmons & Simmons forms Africa alliance with Fasken Martineau

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Top-20 UK firm Simmons & Simmons has become the latest firm to establish a presence in Africa, by forming an alliance with Fasken Martineau, in a bid to ‘enhance their respective African offerings’.

Announced today (1 August), the alliance will provide ‘immediate access to leading Africa practices’ with recognised expertise across multiple sectors including energy & infrastructure and natural resources.

Canadian-based Fasken Martineau already has over 80 lawyers located in Johannesburg after merging in October 2012 with local firm Bell Dewar. The union boosted the firm’s capabilities in mining infrastructure, energy, project finance, capital markets and M&A work.

Simmons London-based energy partner Patrick Wallace and Paris-based partners Yves Baratte and Christian Taylor will be involved in spearheading the alliance, as well as Fasken Martineau’s South Africa managing partner Blaize Vance.

The news comes just days after Simmons announced it is set to expand in Saudi Arabia through the opening of a new office in the country’s capital, Riyadh, by alliance firm Hammad & Al-Mehdar.

On its latest venture, Simmons’ senior partner Colin Passmore, said: ‘This alliance builds on the strength of both firms’ expertise in the region enabling us to meet our clients’ needs more effectively. Energy & Infrastructure is one of Simmons & Simmons’ five priority sectors, and this is a major step in implementing our African strategy.’

Fasken Martineau managing partner David Corbett added: ‘Fasken Martineau has long been recognized for our unique understanding of the African marketplace. This alliance with Simmons & Simmons allows us to further expand our capabilities and the services which we offer clients.’

Other firms to announce an expanded capability on the African continent in recent months includes Dentons which in April tied up with local associate firm KapdiTwala to launch an office in Cape Town while in November Hogan Lovells confirmed it was combining with former Eversheds ally Routledge Modise. Eversheds made good on its African expansion strategy by signing a partnership agreement with existing relationship firm CWA Morocco in late March, establishing new offices in Casablanca and Tangier.

Sarah.downey@legalease.co.uk

Legal Business

Simmons & Simmons expands in Saudi Arabia

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Top 20 UK firm Simmons & Simmons is set to expand in Saudi Arabia through the opening of a new office in the country’s capital, Riyadh, by alliance firm Hammad & Al-Mehdar.

The firms have worked together on a number of mandates since May 2011 and two-partner Hammad & Al-Mehdar, has now established a presence in the Saudi capital of Riyadh, the main financial and administrative centre of the Kingdom. The official opening is set to take place in October once all regulatory approval has been granted. The new office will join up with Simmons & Simmons’ three Middle Eastern offices in Doha, Dubai and Abu Dhabi.

Hammad & Al-Mehdar, which counts France’s biggest commercial bank BNP Paribas among its clients, is one of the leading Islamic finance firms in the Middle East, working closely with Shariah scholars to develop Shariah compliant structures and solutions. The firm also has an office in Dubai.

Andrew Wingfield, partner and head of Simmons & Simmons in the Middle East, said: ‘The development of this new office in Riyadh was naturally the next step in building on our alliance in the Kingdom as many of the firm’s clients already have operations in Riyadh. This will therefore be a welcome addition to our offering in the Middle East through our alliance law firm, Hammad & Al-Mehdar, providing yet further growth for both firms across our key sectors in energy & infrastructure, financial institutions, asset management and investment funds, life sciences and technology media and telecommunications.’

Dr Adli Hammad, managing partner and founding partner of Hammad & Al-Mehdar, added: ‘We are pleased to be opening the second of our offices in Saudi Arabia. This expansion in Riyadh builds upon the relationships that have been developed – particularly over the last 3 years – and will add many more benefits in supporting our clients and their businesses in what is undoubtedly the main financial centre of Saudi Arabia.’

Tom.moore@legalease.co.uk

Legal Business

‘We’re all struggling with how to capitalise on changes in the global marketplace’ – Simmons’ Hoyland points to Asia for growth

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 After announcing a return to form financially, with both revenue and profits up for 2013/14, Simmons & Simmons managing partner Jeremy Hoyland says that Asia, at times unprofitable ground for international firms in recent years, is critical to his firm’s strategic development.

Speaking to Legal Business, Hoyland says while the vast majority of international law firms have significant footprints in Asia, and in China specifically, there is a constant struggle to get a return on investment, particularly with the need to make expensive lateral hires keeping costs high.

‘The major business challenge is Asia and it probably will be next year and the year after as well,’ he says. ‘We’re all struggling with how to capitalise on the changes in the global marketplace. All law firms see the need to be in Asia and have serious and creditable practices but it’s an investment and law firms always struggle with investments.’

Simmons & Simmons remodeled its China practice in 2011, opening an office in Beijing to complement its existing offices in Shanghai and Hong Kong and making it the national hub.

Beijing opened with a sector-specific focus, looking to capture outbound investment in the energy, infrastructure and TMT sectors. Hoyland explains: ‘It’s not that there’s a lack of opportunities in Asia, it’s more that if you’re not careful you end up pursuing lots and lots of different things and not doing any of them very well. We have a sector strategy that narrows down that list and means our Asian offices are tightly linked into the rest of the firm.’

Further Asian investment followed last May when the firm launched in Singapore to create its fifth office in the region.

‘We’re new in Singapore. We’ve only been there a year and it’s a crowded market. The priority for us is how to build on the start we’ve made and I’m very keen that it matches our focus in north Asia.’

Simmons & Simmons had a strong financial year, with revenue rising 7% to £268.6m and profit per equity partner up 6% to £553,000. Hoyland points to two key markets that have contributed to the firm’s return to form, the UK – ‘there’s no doubt there’s been a big return to form in the UK’ and Germany, which ‘is on an upward trajectory because of the power of the industrial sector and the export-driven economy. We’re still at the stage where we’re trying to grow out the German practice’.

Asia, on the other hand, is much harder to quantify in terms of its contribution to the bottom line, particularly China. ‘A lot of work for PRC clients is outside of the PRC so it’s hard to work out exactly how much work we’re getting as a result of the PRC business overall. If you look at the Shanghai office on a standalone basis, it wouldn’t tell you the contribution it makes to the firm as a whole as they might be generating work in Europe, the Middle East or Africa. You’ve got to take a more holistic view.’

However, Hoyland points to a surge in Asian M&A work as evidence that China will come good for a lot of international firms, with deals in the first half of 2014 rising 67% on the corresponding period in 2013 to $378bn, according to data from Thomson Reuters. A lot of that growth is down to expansive Chinese tech companies and Hoyland notes how ‘the approach of Chinese companies is getting broader’ as they look to trade in more countries and make overseas acquisitions.

Unable to practise PRC law, international law firms originally focused on advising on inbound investment from existing clients elsewhere in the world. However, that model has failed to generate revenue, as a Chinese firm will typically need to be used to process documents. The focus has now shifted as Chinese money heads overseas and those companies and banks require foreign lawyers to advise them. This is starting to pay dividends, even if that revenue doesn’t necessarily show on a Chinese office’s financial results.

However, Chinese law firms are looking to follow their clients overseas, with King & Wood’s tie-ups with Mallesons and SJ Berwin in recent years the standout example. This could dent optimism from UK or US-based international firms about the level of outbound work from China.

Hoyland explains: ‘We can all see the rise of the PRC firms and there’s no doubt they’re getting better and more sophisticated and doing that very quickly. The Chinese firms benefit from having the international firms in China and at a very prosaic level, you look at what they’ve done and most of the big Chinese firms have hired senior partners, particularly those in management or leadership positions, from some very good international firms. They’re taking those people, which of course have client relationships, primarily for their skills in managing and developing integrated firms.’

tom.moore@legalease.co.uk

Legal Business

Financial results 2013/14: Ashurst unveils post-merger turnover of £586m and PEP of £801k as Simmons reveals return to growth

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Ashurst has unveiled its first post-merger financial results, boasting revenues of £586m and a profit per equity partner (PEP) of £801,000. The results come as Simmons & Simmons has  revealed a return to growth in 2013/14 with a 7% rise in revenue to £268.6m for the 12 months to 30 April 2014 and an increase in PEP of 5% to £550,000.

Ashurst’s results are the first since its merger with Blake Dawson last November, when the big six Australian firm rebranded as Ashurst Australia.

While there is no year-on-year comparative to judge the figures on, Ashurst’s pre-merger PEP figure was £680,000, down from £744,000 in 2012.

The revenue figure, which based on last year’s numbers would put Ashurst within the top 10 of UK firms, has also seen Ashurst jump up the Global 100 ranks from 72 in 2013 to 36 this year. The 1,748-lawyer firm now has a 420-strong partnership including 262 equity partners.

By comparison, pre-merger Ashurst had 1006 lawyers including a total of 242 partners, and reported revenues of £323m, up from £322m in 2012.

According to a statement from the firm, the revenue increase represents a 6% increase on a like-for-like basis while PEP has gone up by 22%.

Ashurst’s managing partner James Collis said the firm saw activity pick up generally during last summer with London’s finance practice singled out for being particularly busy, especially within capital markets and the securities and derivatives group. Outside of London, Germany, France and Hong Kong performed particularly well.

‘We have seen consistently high levels of activity in the US and the UK throughout the year. Activity levels in Continental Europe, the Middle East and Asia Pacific picked up from quarter three 2013,’ said Collis. ‘Having implemented our merger mid-year on the basis of a single profit pool and universal lockstep, we have ambitious plans for the firm.

‘These are a good set of results reflecting the commitment and hard work by partners and staff across the world. They provide a strong foundation on which to build greater profitability in the future.’

Meanwhile, Simmons, which last year launched a new office in Singapore with four partners, has come back from a slight fall in both revenue and PEP in 2012/13, when those figures dropped by 1% to £250.3m and £525,000 respectively.

This year’s PEP figure is the highest posted by the top 20 UK firm since an all-time high in 2007/08, when a 22% increase pushed PEP to £647,000.

Simmons, led by managing partner Jeremy Hoyland, has over the past year maintained an aggressive hiring strategy, bringing in 20 partners following the 29 lateral hires made the previous year. In May, eight associates were promoted to the partnership, just under half of which fell in London, where financial services trio Craig Bisson, Devarshi Saksena and Simon Whiteside were all made up.

This strategy meant that the firm, which opened offices in Munich and Bristol during 2012, grew from 420 lawyers in London last year to 448 this year. Simmons bolstered its growing Bristol presence with the hire of Osborne Clarke corporate partner Patrick Graves last week in what was the firm’s fourth partner hire in the South West city in two months. The office has more than doubled in size since launching last year with a five-partner team and Graves’ arrival followed that of Burges Salmon’s head of fund structuring Mahrie Webb, DLA Piper’s transactions partner Hinal Patel and DAC Beachcroft partner Jocelyn Ormond, all of whom have joined since the beginning of May.

Hoyland told Legal Business: ‘It was a great year for us in the UK and our corporate practice, which we’ve sought to grow, fared well. Our new Singapore office got off to a good start and will help to link up with international work from our other offices in Asia. Our Bristol office is another core focus for us, we’re hiring and winning work with partners in those offices. It isn’t just a place to outsource work that London partners have won.’

Jaishree.kalia@legalease.co.uk

Tom.moore@legalease.co.uk

Legal Business

Revolving Doors: DLA hires in France and the US; Simmons grows Bristol; Gibson Dunn expands in Beijing and Hong Kong

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International expansion last week saw DLA Piper hire Holman Fenwick Willan’s (HFW) Paris head of tax Hervé Israël and bolster its US practice with a double litigation partner hire from Greenberg Traurig, while Gibson, Dunn & Crutcher expanded in Beijing and Hong Kong. Closer to home, Simmons & Simmons bolstered its growing Bristol presence with the hire of Osborne Clarke corporate partner Patrick Graves.

Israël, who was previously head of tax at Hogan Lovells in Paris before assuming the same position at HFW, joins DLA Piper in the French capital with more than a decade of experience in corporate tax matters, including the structuring and financing of M&A transactions, asset financing and securitisation transactions and acquisition structuring.

DLA has also added litigation partners Kevin Finger and Jeffrey Torosian, the former co-chairs of Greenberg Traurig’s Chicago litigation practice, to strengthen its US operations. The firm’s Chicago office has been at the centre of its recent expansion stateside, with technology and sourcing partner Gregory Manter having joined in February from Mayer Brown.

Elsewhere, Los Angeles-headquartered Gibson Dunn sought to bolster its presence in Asia Pacific, with partner hires in Beijing and Hong Kong as it targets local clients. Patricia Tan Openshaw joins the firm from Paul Hastings in Hong Kong, bringing with her significant experience in energy and infrastructure.

Openshaw said: ‘The strength of the firm’s corporate and disputes practices in Asia and globally forms a compelling platform that will assist me in delivering excellent service in a broad range of areas to clients.’

The top 10 Global 100  firm has also taken on Beijing-based corporate transactions lawyer Fang Xue, who becomes a partner after moving across from Shearman & Sterling, where she was counsel. Xue, who has practiced since 2003 in New York, Hong Kong and Beijing, offers the ability to provide East-West advice and recently represented state-owned Shanghai Pudong Science and Technology Investment Co. in its proposed acquisition of NASDAQ-listed RDA Microelectronics.

Joseph Barbeau, partner in charge of Gibson Dunn’s Beijing office, said: ‘Fang’s experience with Chinese clients on outbound work and with international companies on their interests in China will be an asset to the firm as we continue to expand in China and the Asia region.’

Back in the UK, Simmons & Simmons has welcomed its fourth partner hire in Bristol in two months with the addition of Graves. The firm launched its Bristol office in 2012 with 5 partners as a lower-cost proposition and Graves becomes the ninth partner and thirty-fourth lawyer at the office.

His arrival follows that of Burges Salmon’s head of fund structuring Mahrie Webb, DLA Piper’s transactions partner Hinal Patel and DAC Beachcroft partner Jocelyn Ormond, all of whom have joined since the beginning of May.

Simmons’ head of corporate, Mark Curtis, said: ‘Patrick Graves’ arrival marks a further milestone in the expansion of our corporate practice. His extensive ECM experience and knowledge of all aspects of corporate finance will be invaluable to our international practice. Together with the recent appointments of Hinal Patel and Jocelyn Ormond, we have an even stronger team with the capability to provide our clients with the full service of corporate requirements.’

tom.moore@legalease.co.uk

Legal Business

Ashurst finance partner Simon Thrower latest to leave with move to Simmons

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Ashurst finance partner Simon Thrower has quit to join Simmons & Simmons’ City practice within days of the announcement that corporate partner Nigel Stacey is leaving for US firm Gibson, Dunn & Crutcher.

Thrower is leaving the top 20 firm after 15 years as a partner, after he joined the firm as a senior associate in 1996. Before this, he was a solicitor at Allen & Overy for eight years.

At Ashurst, Thrower was a member of the European banking group and specialised in domestic and international finance transactions, with a focus on corporate and leveraged acquisition finance, syndicated corporate debt facilities and debt restructuring.

He recently advising Johnston Press on its £360m capital refinancing plan in May, and advised the lenders – HSBC, Lloyds Bank, M&G Investments, Rabobank International, London Branch and Santander UK – on the refinancing of Caffé Nero worth £278m.

Thrower is the sixth partner to leave Ashurst in recent months following Stacey and Jonathan Earle’s move to Gibson Dunn; fellow finance partner Nick Benham who joined Davis Polk & Wardwell to launch the US firm’s English law finance practice; and corporate head Stephen Lloyd and private equity partner Karan Dinamani who joined Allen and Overy.

A spokesperson at Ashurst said: ‘Simon is a hard-working lawyer who has made a significant contribution to the banking practice since he joined the firm. We wish him well.’

jaishree.kalia@legalease.co.uk

Legal Business

Revolving Doors: HSF’s Rosen QC returns to the Bar; laterals for Weil Gotshal; Simmons; Rosenblatt and Payne Hicks

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The latest standout lateral moves have seen Herbert Smith Freehills’ (HSF) former advocacy chief Murray Rosen QC return to the Bar, as Weil Gotshal & Manges boosts its City finance practice, Simmons & Simmons expands in Bristol, with further partner hires at Rosenblatt Solicitors and Payne Hicks Beach.

Rosen, former advocacy head of HSF, is to join 4 New Square in September. He joined HSF in March 2005 from 11 Stone Buildings to launch its advocacy unit and co-manage the team alongside Ian Gatt QC, who joined the firm from Littleton Chambers the following month. Gatt will continue to head the advocacy unit.

Rosen resigned from HSF in January 2014, announcing he would leave in April and return to the Bar, at which time HSF looked to Maitland Chambers for a rare silk hire, appointing Tom Leech QC as a partner in its City advocacy group.

Rosen’s hire will be a further boost for 4 New Square, which recently turned to White & Case for the hire of partner Paul Cowan, who joined the set after 11 years as partner at the US firm in London.

In his new role, Rosen will resume practice as an arbitrator, mediator and senior advocate. Rosen was appointed as a QC in 1993. He has experience of advising on cross-border commercial, fraud and offshore disputes.

Rosen said: ‘I am pleased to be joining 4 New Square, which is a diverse and forward-thinking set in the areas which most interest me. I see this as a great opportunity to extend my practice as an arbitrator and mediator, whilst continuing as advocate and consultant in commercial Chancery and sports and media work.’

Meanwhile, Weil, Gotshal & Manges has boosted its City finance practice with the hire of banking partner Reena Gogna who leaves Latham & Watkins after eleven years.

Gogna focuses on advising lenders and sponsors on acquisition finance transactions with a particular focus on bank and bond structures. She joined Latham in 2003 and was a solicitor at Slaughter and May before then.

The hire follows the departure of one of the best-known names in the leverage buyout market, banking head Stephen Lucas, who left Weil’s City practice to join Kirkland & Ellis in May.

The recruitment also follows some key recent hires including restructuring heavyweight Andrew Wilkinson from Goldman Sachs who joined Weil in April, and Hogan Lovells partner Chris McLaughlin who joined the firm’s banking and finance practice in January.

Gogna’s addition will boost the firm’s banking team further, which currently houses around 40 lawyers. One of her recent deals includes representing Mersin International Port in relation to the $450m project debt refinancing for the joint venture between Turkey’s Akfen Holding and Singapore’s PSA International, in connection with Turkey’s first infrastructure bond.

London managing partner Mike Francies said: ‘We are delighted Reena is joining the team. Her experience acting for lenders and sponsors is a perfect fit with our growing finance practice, which has some of the best leveraged finance, high yield and structured finance partners in the London market. In the last week alone we have received instructions on a number of new matters reflecting the strength of the team and the depth of the partner bench. Reena will only make that stronger.’

Another recent move saw Simmons & Simmons expand its Bristol-based corporate practice with partner Jocelyn Ormond who joined from DAC Beachcroft. Ormond joined DAC Beachcroft in 2006 from Allen & Overy, where he was an associate.

Ormond has experience of advising corporate and commercial matters, with a focus on M&A and equity fundraisings, covering the life sciences, healthcare and financial services sectors.

Simmons & Simmons corporate and commercial international practice head Mark Curtis said: ‘Jocelyn Ormond’s arrival marks a further milestone in the expansion of our corporate practice. His extensive experience of M&A and equity fundraisings for life sciences and other healthcare companies and financial institutions and on cross border matters will be invaluable to our international practice.’

Meanwhile, Rosenblatt Solicitors recruited Caroline DeLaney as a partner specialising in real estate disputes and Bruno Fatier as a partner specialising in financial services.

DeLaney joins from Kingsley Napley, which she joined in 2012 and headed the real estate disputes practice. Prior to this, she worked in the same role at CMS Cameron McKenna in 2000. She has experience in commercial property, residential and agricultural disputes, and acting for institutional investors, high net-worth individuals, retailers, public bodies and insolvency practitioners.

Fatier was at Clifford Chance in Paris for the last 13 years, and comes with experience of covering financial services including general banking, derivatives, market infrastructure and asset freeze.

Separately, Payne Hicks Beach hired Rosamond McDowell as a partner and Andrew Dixon as a consultant from Collyer Bristow. Both will join the firm’s private client department which currently houses seven partners, one associate and two solicitors.

McDowell specialises in tax and estate planning for individuals, families and trustees, onshore and offshore on contentious and non-contentious matters. Dixon has experience in UK and international taxation and trust and estate law. His clients include land owners, executives and partners, whom he advises on assets such as land, shares and securities and heritage property.

Managing partner Peter Black said: ‘Our private client team is experiencing increasing demand from both a domestic and international client base, and Rosamond and Andrew’s arrival further increases our capabilities. We are delighted that they join us at such an exciting time in the development of the team, and Payne Hicks Beach more widely, as we look forward to strong growth in the next 12 months and beyond.’