Bank Litigation, Partner, US law firm to £900,000
A very well-known US law firm with a global reputation in banking & finance. There is a litigation and arbitration capability in Europe but litigation is relatively underweight in London. In New York the litigation practice is one of the market leaders and is instructed by a number of the leading investment banks. The practice has always been well-known but it has been enhanced by high profiles laterals, marketing leading lawyers and litigation success.
The disputes practice is well regarded in London and Europe and covers both arbitration and litigation but in separate teams. The litigation practice is currently one partner and there is a clear gap for another partner or small team to strategically build the practice. The litigation team currently is looking to win bank mandates but recognises the need to be bigger to have the credibility. Ideally you will have relationships with some banks which will follow. The partners have reasonable expectations but with a larger team the firm in London should be able to attract more bank litigation. This hire is of huge strategic importance so the ability to win work and the energy to drive a practice are key.
The firm had a very good year in 2017 and is expecting to post strong financial results globally and for the London office.
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