Legal Business

Revolving Doors: Field Fisher hires Taylor Wessing’s David Kent as Irwin Mitchell and TLT make key hires

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Taylor Wessing’s long reputed head of inward investment David Kent is to join Field Fisher Waterhouse (FFW) in a week that has also seen Irwin Mitchell and TLT make strategic partner hires.

Kent is a corporate partner specialising in advising emerging growth and listed companies from the US, Canada and Europe on structuring, establishing and operating businesses in the UK and Europe, mergers and acquisitions and joint ventures, technology transfers, distribution and licensing agreements.

A Taylor Wessing veteran, Kent co-founded the firm’s Cambridge office in 2002 and led the merger discussions between Taylor Joynson Garrett and German firm Wessing, which went live in 2002. He later co-founded the firm’s Tech City office in London in 2011.

Kent’s hire comes as FFW has also hired Pinsent Masons legal director George Gillham in its London tax and disputes practice and SJ Berwin senior associate Robin Spender, who will become finance partner.

These are the latest in a series of hires for the firm, including Eversheds’ City corporate partner Neil Matthews last week. However, the firm in May lost a three-partner franchising team led by rated partner Mark Abell to Bird & Bird.

In the north-west, meanwhile, DLA Piper IP dispute resolution partner Graeme Orchison became TLT’s second partner hire to launch its new Manchester office this summer.

Orchison, who specialises in heavyweight trademark, design and patent cases in the High Court and appellate courts, is the latest recruit in an on-going process to build the firm’s base in Manchester’s Spinningfields, which will open with a team of eight, including three new partners and three assistants. The firm anticipates the office, which will initially offer commercial contract, commercial litigation and IP litigation work, will grow to 20 to 30 people within its first 18 months.

Orchison is the second DLA partner to join the TLT Manchester team after commercial partner Stuart Campbell joined earlier this month, along with Pinsent Masons legal director Emma Flower.

TLT’s managing partner, David Pester (pictured), said: ‘These strategic appointments support our aim to deepen our expertise and are in direct response to demand for services from some of our major clients based in the north of England. The launch of an office in Manchester supports our strategy to have a strong UK-wide presence from which to deliver services and also supports our industry sector focus.’

Elsewhere in the north-west, Irwin Mitchell also appointed a trio of partners to its family practice across Manchester and Leeds. Louise Halford joined the Manchester office from Pannone alongside Fiona Turner from London family firm CKFT, while former DWF partner Carol Grundell joined the firm in Leeds.

Halford has 15 years’ experience dealing with complex child disputes cases involving foreign jurisdictional problems and is recognised by the Legal 500 as a leading expert in child abduction cases.

Irwin Mitchell’s head of national family law Martin Loxley said: ‘The vision of the family team is to be the leading firm in complex relationship breakdown in the UK.

‘We are seeing more and more clients all the time approaching us for advice on international matters and we are delighted to be welcoming these new partners to our innovative and growing team,’ he added.

 

francesca.fanshawe@legalease.co.uk

Legal Business

TLT announces 10% hike in turnover as Maclay Murray kicks off redundancy round

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As Bristol-based TLT yesterday posted a double-digit hike in turnover and announced a dual hire to launch an office in Manchester, in contrasting fortunes Glasgow-based Maclay Murray & Spens became the latest UK firm to announce a redundancy consultation in a move that could affect up to 30 roles.

TLT’s turnover rose 10 per cent from £44.5m to £49m during the last financial year, a figure which means the firm’s financials have increased steadily year-on-year for over a decade. The news comes as the firm has also hired former DLA Piper technology partner Stuart Campbell and Pinsent Masons legal director Emma Flower to launch its Manchester office this summer in Spinningfields. Campbell is a commercial lawyer specialising in IP and technology for retail and financial services client while Flower has 16 years’ experience of heavyweight commercial disputes including supply chain cases, commercial agency claims, partnership issues and shareholder disputes.

The Manchester office will be the firm’s seventh after Bristol, Edinburgh, Glasgow, Northern Ireland, Piraeus and London and will initially focus on commercial litigation, IP litigation and commercial contracts work. The firm has plans to make six further hires for the launch and will grow to comprise 20 to 30 people, targeting an income of £3m to £5m within 18 months.

TLT managing partner David Pester said: ‘We already service a national client base from our existing offices but a number of our major financial services and retail clients who are based in the north of England have said they want us to have a physical presence near to them. A presence in Manchester makes commercial sense. There’s been huge change in the legal market in Manchester and with change comes opportunity.’

Elsewhere, Scottish firm Maclay Murray & Spens has announced it is consulting with legal and support staff with a view to making up to 30 redundancies.

Fee-earners in the Edinburgh, Glasgow and London offices across a range of practice areas, particularly property and corporate, are expected to be affected.

In a statement Chris Smylie, chief executive of Maclay Murray, said: ‘The last few years have not only been difficult in economic terms but have also been a period of extraordinary change for the legal profession. Our focus on developing profitable areas and opportunities for future growth remains a key priority.

‘Whilst we very much regret having to propose these redundancies, they are a necessary part of the implementation phase of our recent strategic review and will ensure the firm is better positioned to meet the challenges of the new legal market.

‘We will work closely with those affected, who will be offered an enhanced redundancy package and outplacement support.’

Numerous leading UK firms have already announced and in some cases concluded redundancy consultations this year, including Eversheds, Berwin Leighton Paisner, Osborne Clarke and DWF, which today announced a staggering 84% increase in turnover to £188m.

francesca.fanshawe@legalease.co.uk

Legal Business

TLT beats heavyweight players to win BBC property role

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TLT has been named as the BBC’s sole provider advising on property legal services across its estate in England and Wales.

Legal Business understands that the tender saw TLT up against heavyweight property firms including Hogan Lovells and Nabarro. The broadcaster’s incumbent property adviser was Bond Pearce.

TLT’s 17-strong real estate team, which operates across the firm’s Bristol and City offices, includes head of real estate Andrew Glynn, property litigation partner Mark Routley, and partner Stephen Elliott who joined TLT’s City office from Hogan Lovells in 2011.

Speaking to Legal Business, Elliott said this was a ‘significant win’ for the firm, considering the broadcaster’s UK property portfolio holds over 300 properties equating to approximately 575,000m² of office accommodation and broadcast facilities.

‘We participated in a full tender exercise against tough competition in February and March and were appointed mid-April,’ he says.

‘We have genuine strength acting for public sector organisations and businesses in the technology and media sector and this, combined with our focus on efficiency and reputation for delivering value to clients, clearly played a big part in our appointment,’ he explained.

TLT, which was named National/Regional Firm of the Year at the Legal Business Awards in February, will advise on the broadcaster’s estate and the implementation of its property strategy – a key component of its current programme of cost savings. The team will also advise on litigation, acquisitions, and disposals, as well as landlord and tenant issues.

TLT’s other public sector clients include the Environment Agency, New Covent Garden Market Authority, Canal & River Trust and Energy Saving Trust.

Elliott added: ‘Winning this important mandate from this iconic institution demonstrates TLT’s ability to strategically advise and service the requirements of large organisations with significant property holdings.’

sarah.downey@legalease.co.uk

Legal Business

Scottish fire sale continues as DWF snaps up Biggart Baillie

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Merger fever continues to grip the Scottish legal market after veteran firm Biggart Baillie announced in June that it would be joining forces with ambitious Major UK firm DWF on 1 July.

The merger between Biggart Baillie, a Scottish blueblood which can trace its origins back to 1894, and LB’s 2011 National/Regional firm of the Year DWF, is the fifth Anglo-Scottish union since the start of the year. It follows a joint venture between DAC Beachcroft and Andersons, which was announced in March; the acquisition of niche Scottish practice Anderson Fyfe by TLT, which takes effect in July; the announcement in June that Shoosmiths would acquire Archibald Campbell & Harley; and the high-profile merger of Pinsent Masons and McGrigors, which went live on 1 May.

Legal Business

Mixed fortunes for mid-market in tough Scots climate

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TLT’s recent takeover of niche Scottish firm Anderson Fyfe is the latest chapter in a flurry of movement among mid-market firms in Scotland trying to secure their futures amid pernicious market conditions.

The Bristol-based firm is set to acquire Anderson Fyfe’s Glasgow and Edinburgh operations from July, while simultaneously launching a Northern Ireland practice through the lateral hire of banking litigation partner Katharine Kimber from Belfast firm Wilson Nesbitt Solicitors.

Legal Business

Why keeping it low key can be shrewd

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On the face of it, news that Bristol-based TLT is to open simultaneously in Scotland, by acquiring niche firm Anderson Fyfe, and also in Belfast, by hiring a small team of local lawyers, is hardly earth-shattering.

But while the news may be dominated by major international firms’ expansion plans in Asia, or even significant full-scale tie-ups such as McGrigors and Pinsent Masons, you could argue that, relatively speaking, low-key moves such as TLT’s make better strategic sense for all concerned.